AP NEWS

DIMONT Launches Hurricane Florence Resource Initiative to Help Mortgage Servicing Industry Deal With Insurance Claims

September 13, 2018

DALLAS--(BUSINESS WIRE)--Sep 13, 2018--DIMONT, a Dallas-based provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries, announced it is launching its Hurricane Florence Resource Initiative to provide assistance to mortgage servicers who may be impacted by the hurricane.

The initiative offers servicers an interactive, 3-D map of Hurricane Florence’s potential impact zones through the company’s website and enables them to compare average monthly claims to anticipated claims after the hurricane as well as a comparison of the costs of monthly damage against the estimated costs after Florence by impact zone. The visualization of data allows servicers to modify the processes they use to handle incoming claims more effectively. It also helps servicers to project the impact of the hurricane on their existing portfolios and communicate more effectively with both borrowers and investors. DIMONT will also run individual projections for any servicer who requests it.

The second part of the initiative is the FAQ with tips for servicers on how to more effectively process insurance claims in the wake of Hurricane Florence. The initiative’s final element is the capability for servicers to talk directly with insurance adjusters through DIMONT free of charge.

These three elements of the Hurricane Florence Resource Initiative can be found at dimont.com.

About DIMONT

Founded in 1996, Dallas-based DIMONT is one of the largest providers of insurance claims and collateral loss mitigation services to the residential mortgage and auto lending industries in the United States. Additional information is available at www.dimont.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180913005073/en/

CONTACT: DIMONT

Chuck Meyers, 678-781-7204

chuck@williammills.com

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE PROFESSIONAL SERVICES INSURANCE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: DIMONT

Copyright Business Wire 2018.

PUB: 09/13/2018 09:00 AM/DISC: 09/13/2018 09:01 AM

http://www.businesswire.com/news/home/20180913005073/en

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