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DIMONT Offers Insight on Enhancing Borrower and Collection Strategies Using Insurance Monitoring Data in Webinar, Hosted by Cherokee Media

October 2, 2018

DALLAS--(BUSINESS WIRE)--Oct 2, 2018--DIMONT, a Dallas-based provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries, announced today the company offered insight into the utilization of insurance monitoring data in its recent webinar on September 25, which can be downloaded at .

Panelists included Denis Brosnan, president and CEO of DIMONT; Steve Garcia, director of Auto Claims, DIMONT; Brian Massey, director of Collections and Loss Recovery, Nissan; and Diana Maldonado, director of Insurance for Westlake Financial Services. Hosted by Cherokee Media Group, the webinar was moderated by Nick Zulovich, senior editor, SubPrime Auto Finance News.

The webinar provided information about how the data from an effective Insurance Monitoring solution can make customer interactions more effective and drive more significant third-party recoveries following repossession. Upon completion of the webinar, attendees understood how to assess the effectiveness of current insurance tracking strategies; realize the financial impact of utilizing recent advances in insurance monitoring in tandem with repo claim recoveries to improve collections from both customers and third parties.

“Ignoring collateral protection strategies due to the cost and complexities of traditional insurance tracking can haunt lenders when it’s time to repossess a vehicle for a non-performing loan,” said Denis Brosnan, president and CEO, DIMONT. “Our discussion about the valuable data obtained through an effective insurance monitoring solution to further improve and hone borrower and collection strategies, can potentially save time and resources for lenders.”

The full webinar is available at . In addition, DIMONT’s related white paper entitled How Collateral Loss Avoidance Strategy Can Help Auto Lenders Outperform Loss Projections can be found at http://info.dimont.com/dimont-loss-avoidance-white-paper.

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/20181002005101/en/

CONTACT: DIMONT

Suzi Straffon, 313-410-6523

suzi.straffon@dimont.com

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

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

SOURCE: DIMONT

Copyright Business Wire 2018.

PUB: 10/02/2018 09:00 AM/DISC: 10/02/2018 09:01 AM

http://www.businesswire.com/news/home/20181002005101/en

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