InsureX

InsureX is a simple cost-effective solution which ensures that financial institutions have access to all required insurance information necessary to mitigate their lending risk. This in turn enhances customer retention for insurance companies. What does InsureX do to benefit banks? Reduces the risk associated with financing uninsured assets by putting systems in place that gather and consolidate all information from insurance companies. Our product provides the lender with the necessary risk mitigation information to monitor and manage insurance premium arrangements that are integral part of the lender´s security requirements. Guarantees that all assets financed are insured. What does InsureX brings to Insurance companies? Improves customer retention by making sure that all assets that need financing are always insured. Provides verified data on insurance risk events such as non-payment, reduction in cover, change of risk address.