
Miniter-CPI Track Your Own
The Miniter-CPI “Track Your Own” is an intuitive and easy to use web-based system
which enables the lender to track insurance activity on their loan portfolio. The
lender will receive inbound lienholder cancellation or non-renewal mail from the
borrower’s insurance company and update the Miniter-CPI “Track Your Own” system
with this insurance information. Once this information is entered, the system has
a flexible workflow process that can be designed with custom phone support provided
by the loan servicing department and customized outbound letter campaigns provided
by Miniter Group. A diagram of the system and workflow descriptions is detailed
below:
Inbound Lienholder Insurance Notices
Miniter-CPI automates inbound insurance mail at the lender by providing an easy to
use insurance update screen where borrower insurance can be updated by as little as
two clicks of the mouse. Once insurance has been updated, outbound customer service
calls and outbound letters are scheduled based on the customized workflow that the financial
institution has designed in Miniter-CPI “Track Your Own”.
Outbound Letters
All outbound mail is handled by Miniter Group. Miniter has invested in state of the
art outbound mail technology to provide low cost, accurate and verifiable mail to your borrowers.
All outbound letters are NAIC Model Act compliant and can be customized by the lender.
Letter cycle workflows are triggered from last known insurance coverage and are designed to work
in conjunction with the loan servicing department’s outbound phone workflows.
To view a larger image of the graphic please click on the above image or click here.
Outbound Loan Servicing Phone Calls
Your lending institution has invested considerable time and money in developing
customer relationships with the borrowers in your loan portfolio. Historically,
outsourced insurance tracking phone calls from non-lender tracking company employees
directly to your borrowers have not proven to be cost effective. The Miniter-CPI Track Your Own System
was specifically designed to enable lender-based outbound phone calls from the loan servicing
department. Using lender loan servicing personnel to verify insurance is proving to be the
most cost effective approach to insurance tracking and verification. Outbound phone calls
are triggered from the outbound letter workflows to provide a unified mail and phone campaign.
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