INSURANCE RISK MANAGEMENT SYSTEMS AND METHODS

摘要

Various embodiments are directed to systems and methods for tracking and managing compliance for a plurality of insurance policies on a plurality of properties or other collateral. Insurance, loan, and compliance information may be received and stored in a database. The database may be updated periodically based on new loan, insurance, and compliance information. Users may manage and track the changing compliance status of each loan and policy. Alerts may input, stored, and/or auto-generated to flag compliance issues. Communications such as compliance letters may be automatically generated according to a predetermined schedule based on compliance status. Supporting documents associated with compliance requirements may be stored and displayed to users to facilitate compliance tracking and management.

主权项

1. A method comprising:
for each of a plurality of properties that each comprise collateral for one or more loans each having insurance requirements, receiving, by at least one processor in electronic communication with at least one memory having at least one database, insurance information concerning each of one or more insurance policies associated with the respective property, in which the insurance information comprises compliance information indicative of whether one or more predetermined insurance requirements applicable to the respective one or more insurance policies associated with the respective property have been satisfied, the one or more predetermined insurance requirements comprising a first requirement applicable to a first insurance policy and a second requirement applicable to a second insurance policy; based on the received compliance information, determining, by the at least one processor, for each of the one or more loans on each of the plurality of properties, whether each of the respective one or more predetermined insurance requirements have been satisfied, in which the act of determining whether each of the respective one or more predetermined insurance requirements have been satisfied comprises (1) determining that the first requirement associated with the first insurance policy has been satisfied and (2) determining that the second requirement associated with the second policy has not been satisfied; populating, by the at least one processor, the at least one database based on the received insurance information, in which the act of populating the at least one database comprises (1) storing, in a first database entry associated with the first insurance policy, information indicating that the first requirement has been satisfied and (2) storing, in a second database entry associated with the second insurance policy, information indicating that the second requirement has not been satisfied; receiving, by the at least one processor, from a first user a first request for information about whether the first requirement has been satisfied; responsive to the first request, querying, by the at least one processor, the first database entry; responsive to querying the first database entry, causing, by the at least one processor, first indicia indicating that the first requirement has been satisfied to be displayed at a user interface; receiving, by the at least one processor, a second request for information about whether the second requirement has been satisfied; responsive to the second request, querying, by the at least one processor, the second database entry; responsive to querying the second database entry, causing, by the at least one processor, second indicia indicating that the second requirement has not been satisfied to be displayed at a user interface; after causing the second indicia to be displayed, receiving, by the at least one processor, updated compliance information; determining, by the at least one processor, that the second requirement has been satisfied based on the updated compliance information; receiving, by the at least one processor, a third request for information about whether the second requirement has been satisfied; and responsive to the third request, causing, by the at least one processor, third indicia indicating that the second requirement has been satisfied to be displayed at a user interface.