Miniter CPI – Write Your Own (Commercial Loans Only)
Miniter-CPI “Write your Own” is a web based insurance placement system that is
designed to integrate into a lender’s existing insurance tracking system workflow.
“Write Your Own” is a simple to use placement system that automates the placement,
cancellation and billing paperwork associated with placing CPI insurance.
Lender Internal Tracking
With Miniter-CPI “Write Your Own”, the lender is responsible for managing all inbound
mail from borrower insurance companies. Tracking of borrower insurance can be handled by
the loan servicing system, or could be managed with an excel spreadsheet. Whatever system the
lender has, Miniter-CPI “Write Your Own” will integrate into the workflow to automate the
placement of insurance.
Write Your Own Insurance Placement
Once the lender’s internal system shows an un-insured status for a borrower and the lender
has made the borrower aware of the pending or actual insurance lapse, the lender will place
insurance using Miniter-CPI “Write Your Own”. The lender will simply enter loan and collateral
information into the system. Once completed, the borrower will be insured through Miniter-CPI “Write Your Own”
from that moment forward until the lender cancels the insurance.
Outbound Letters
All outbound insurance 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. Outbound letters include Notice of
Insurance (NOI), and cancellation letters.
