DIMONT, a provider of specialty insurance and loan administration services, has expanded its collateral loss mitigation department.
Encompassing all of DIMONT’s services, including hazard claims adjustment, investor claims management, flood insurance valuation and loss draft management, the collateral loss mitigation department allows the company to function as a disaggregated service provider, meaning that clients are free to utilize its services on a stand-alone basis.
By incorporating all of its services under the umbrella of collateral loss mitigation, DIMONT is able to significantly reduce timelines, vendor management costs and risk exposure for its clients, the company claims in a release.
“The expansion of our collateral loss mitigation services department helps our clients reduce costs and better manage all of their various needs through one service provider with a single DIMONT point of contact,” says Collin Harbour, vice president of business development at DIMONT. “At the same time, organizations can pick and choose the appropriate services without being locked into using services they do not need.”