SERVICES
 
 
 
  CollectIt

CollectIt is the solution for lenders with non-tracked auto portfolios, eliminating insurance paper otherwise mailed to them by carriers.

Some financial institutions do not actively monitor the status of borrowers’ or lessees’ insurance. Insurance companies, however, are required to mail notices about changes in the policies for those vehicles. Insurance Trading Partners can help eliminate the paper with CollectIt, a simple program that is easy to administer. Contact us for more details.

ð Carrier Benefits
Reduced operational costs - Spend less money on printing, paper, and postage for items that are being discarded by the lenders without being processed..
   
Implementation Auto-Pilot - Save money and resources by allowing Insurance Trading Partners to do all of the work to market your participation in this service. We will continually activate new non-tracking lenders and you will only need to lift a finger when it’s time to turn off the paper.
   
Reduced legal costs - There is only one agreement to sign instead of individual agreements with each trading partner.
 
Quicker payoff - Start eliminating paper for all enrolled non-tracking lenders at once instead of one by one.
 
ð Lender Benefits
Reduced operational costs - Spend less money on the staff to collect the paper mail, open it, discard it and shred it. Insurance Trading Partners can effectively impact up to 45% of your current insurance mail volume.
   
Implementation Auto-Pilot - Save money and resources by allowing Insurance Trading Partners to do all of the work to market your participation in this service. We will continually activate new insurance companies. Meanwhile, you’ll enjoy seeing fewer and fewer insurance notices at your main and branch offices.
   
Reduced legal costs - There is only one agreement to sign instead of individual agreements with each trading partner.
   
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