Seems these days there is a day or a month in honor or recognition of anything and everything, but this month there is an important one that all in the repossession industry need to pay attention to and that is National Distracted Driver Month.
Education, Training, Networking and Trade Event of the Year, hosted by:
Allied Finance Adjusters Conference Inc. & Recovery Specialist Insurance Group
Early bird registration for the 2017 Education, Training, Networking and Trade Event for repossession and financial institution professionals, hosted by Recovery Specialist Insurance Group and Allied Finance Adjusters Conference Inc ends March 15, 2017. Save $30 per attendee by registering before the fees go up!
“The Largest Not-For-Profit National Trade Association Of Repossession Specialists Since 1936”
Allied Finance Adjusters has the Solution!
Many of you may already be aware of the notice of intent to cancel every trade association’s current $1,000,000 and $5,000,000 insurance policies by the carrier, Travelers Insurance Company. This stems from a six month long investigation by the Texas Department of Insurance (TDI) regarding the crime policies the associations in the industry have been providing to its members.
It has taken hard work and diligence to acquire our new insurance broker Brunswick Companies, we have been able to secure new policy options for our members. This program was put together specifically for Allied Finance Adjusters and is underwritten by oldest insurance company in the United States, The Hanover Insurance Group.
RSIG requires members and most national client contracts require repossessors to have $1,000,000 in commercial auto coverage for scheduled vehicles or “owned-autos” a/k/a your tow trucks, spotter vehicles and camera cars. Repossessors have often tried to minimize insurance costs by just having a towing policy, which they believe covers repossession activities. And for years towers have used their towing policy to try to get into doing repossessions, without having the same coverages and costs associated with their policies.
San Diego, California – June 21-23, 2017
The repossession industry education, training, trade and networking event of 2017 is set and registration is open. Recovery Specialist Insurance Group and Allied Finance Adjusters Conference Inc. will be coming together again in 2017 in San Diego, California to host this industry event.
The dates of this event are June 21-23, 2017.
The location, the beautiful Sheraton San Diego Hotel & Marina.
FOR IMMEDIATE RELEASE
The members of EAGLE GROUP XX held their sixth annual “Gathering of the Eagles” Conference at the DFW Hyatt Regency on October 1, 2016. There were numerous industry related issues from hi-tech data providers to the current state of the insurance issues in the recovery industry and subject matter experts like Mike Peplinski of Harding Brooks Insurance and John Hambrick of Microbilt contributed to the content as guest presenters.
Golden Nugget Hotel & Casino Las Vegas, NV – Sept 21st -23rd, 2016
All 95 attendees at the Allied Finance Adjusters Mid Year meeting hit the JACKPOT!
Along with the camaraderie and networking, which was amazing, there was top notch education.
Irving, Texas, April 27, 2016 – American Recovery Association (ARA), the world’s largest association of recovery and remarketing professionals, is excited to announce that ARA members who participate in the exclusive ARA insurance program have an average loss ratio 20% below the industry average. This program-wide loss ratio allows a dividend back on insurance premiums for all program participants.
From the Desk of Recovery Specialist Insurance Group
Manassas, VA – April 22, 2016 -Recovery Specialist Insurance Group has always been known as the cream of the crop when it comes to insuring repossessors. But some lately begin to talk that perhaps we’re not as selective as we once were. We disagree. We still deny membership to a majority of people who reach out to us because they cannot meet our underwriting requirements. Each member of RSIG goes through a stringent underwriting process and through this process we see the good, the bad and the ugly.
RSIG is an insurance entity. Our strength comes from our underwriting expertise and our ability to find and maintain insurance for an industry plagued with politics, egos and at times unscrupulous behaviors on both sides of the desk… the insurance client (you, the repossessor) and on the other side the insurance agent.
For most, trying to actually read and understand an insurance contract (policy) is about as dry as Texas dust in August and about as easy to understand as advanced calculus. It can be additionally difficult to read and understand when the policy has a “package” of coverages designed to cover multiple risks.