Proctor Loan Protector

Proctor Loan Protector operates as a specialized B2B insurance provider, offering comprehensive protection solutions to financial institutions, government entities, and property investors within the mortgage and real estate sectors. Their core mission revolves around fostering strong partnerships and leveraging innovation across their insurance products, service offerings, and proprietary technology.

The company's primary focus is on lender-placed insurance, blanket insurance, and specialty programs. They provide crucial services like insurance tracking and loss draft processing for mortgage servicing operations, acting as a complete outsourced solution. Proctor Loan Protector distinguishes itself through proprietary tools such as uReport for automated lender-placement and the Intelligent Insurance Manager (IIM) for transparent vendor management, emphasizing efficiency, compliance, and superior customer service.

Key offerings include Bridge60 for lender-placed flood insurance and Mortgage Guard for hazard insurance, which activate when borrowers fail to maintain adequate coverage, ensuring continuous protection for lenders' interests in both residential and commercial properties. They emphasize replacement cost value (RCV) settlements for claims and integrate real-time property valuation tools, underscoring their commitment to securing assets and mitigating risks for their institutional clients.