Skip to main content

Borrower’s Compliance Services

Ensuring appropriate protection for lenders.

Catastrophic or unexpected risks can have a significant impact on the value of collateral used to secure a loan, exposing loan providers to substantial financial vulnerabilities. At Marsh, our team of insurance specialists is dedicated to helping you safeguard your investments by helping you analyze if prospective borrowers have the appropriate coverage in place. By minimizing your vulnerability to borrower losses, we help you navigate the complex claims landscape and protect your bottom line.

Meeting the heightened need for risk mitigation

In today's challenging economic environment, loan providers like you face increased pressure to protect your investments. Lenders are now scrutinizing the coverage purchased by potential borrowers more closely than ever before, assessing its adequacy and compliance with loan agreements. It is crucial to ensure that each borrower has taken all necessary measures to safeguard their operations from future risks, including securing sufficient insurance coverage for their assets.

Streamlining compliance efforts for lenders

The need to ensure borrowers meet insurance requirements can create additional burdens for lenders. This includes time-consuming administrative work, such as coordinating with borrowers and their agents to obtain policy documents and supporting materials. Marsh understands the challenges you face and can help alleviate some of this burden by facilitating seamless communication and document exchange between all parties involved.

Expert evaluation for peace of mind

Our consultants have extensive experience working with financial institutions and understand your unique requirements, risk tolerances, and loan contract conditions. We collaborate directly with borrowers and their insurance advisors or brokers to obtain and evaluate relevant policies and related documents.

We meticulously evaluate policy limits, retentions, terms, conditions, endorsements, and exclusions to help you analyze whether they align with your expectations and market demands. Our comprehensive assessment goes beyond mere compliance, identifying potential coverage gaps and problematic policy wording. With the growing complexity of insurance programs and nuanced policy wording, our specialists possess the knowledge and expertise to assess how different policies may respond in the event of a loss.

Making informed decisions, minimizing risks

By leveraging our expertise, you can make informed decisions to better protect your firm from unforeseen losses. Our Borrower's Compliance Services not only helps alleviate some of your administrative burden but also provides for evaluations to be conducted by industry specialists. With Marsh by your side, you can more confidently mitigate potential risks and better safeguard your loan portfolio.

Contact us to learn more about our Borrower’s Compliance Services and how we can navigate third-party contractual insurance obligations.