Just a few months ago, the biggest challenge faced by many CRE lenders and servicers was simply keeping up with the intense level of demand. With the new economic reality and uncertain future upon us, businesses now need to pay more attention than ever to elevating the accuracy, efficiency and speed of CRE insurance compliance operations.
The time to Automate Insurance Compliance is Overdue.
The inefficiencies, high labor cost and inherent risks of manual spreadsheet-based systems are no longer sustainable. Two key reasons are:
- The need to take human error out of the policy review process
- The intense effort required today to keep up with changing regulations and requirements of major underwriters and investors
Download our Free White Paper to Find Out More:
Risk-proofing CRE insurance compliance for the economic downturn.
In October 2019, McCracken published a white paper on this subject entitled: Risk-proofing CRE insurance compliance for the economic downturn. Its content has become even timelier over the last several months. We invite you to download the white paper, and to contact McCracken with any thoughts or questions you may have.