Lending Risk Assessment
Problem
Insurance underwriters have to manually check and collect data from several third party websites and platforms on various parameters to assess the risk of lending in any given customer’s case. This manual process is lengthy, hectic and prone to mistakes.
Our Solution
A tool which integrates with multiple third party data providers and collects the risk factor on various parameters and then draws a combined risk assessment and present it to the insurance underwriter. Sync this risk assessment to the customer’s record in Salesforce as well.
Results
We built a tool for them which removes the need for any manual search of data. The tool enabled them to just put the address of the property in consideration and the tool will do all the searching, gathering, etc. and will return the final data. This saves a lot of time, headache and enables them to do more business in less time.
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