Jim Gilpin
By Jim Gilpin
on October 01, 2019
What is VSI Insurance? VSI Insurance is an insurance program for lenders that transfers collateral risk from their vehicle portfolios. VSI insurance premium is collected as part of the loan ...
Jim Gilpin
By Jim Gilpin
on June 01, 2019
Introduction to GAP Claims Processing Indirect lenders across the country are required to finance the price of their dealer’s GAP contracts and provide the associated GAP Claim Processing. These ...
Jim Gilpin
By Jim Gilpin
on June 01, 2019
Introduction During the due diligence process of evaluating risk transfer alternatives for your vehicle portfolio, all lenders must answer the question of whether to manage physical damage risk or ...
Jim Gilpin
By Jim Gilpin
on May 10, 2019
Introduction Skip losses that occur as part of a lender’s vehicle portfolio have made a significant increase since 2014 and now represent over 50% of all vehicle losses. Vendor Single Interest ...