PRPclaims

Bridging the Lending and Insurance Communities, since 1992

 

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PRPclaims is focused on innovation within the property hazard insurance component of banking.

In 1992, our company founded the industry for managing hazard insurance claims for loan portfolios.  We identified additional rights that lenders had in place with insurers that were not being fully exercised.

PRPclaims initiated an approach to begin scouring a loan portfolio to find all damages incurred, as well as collecting the maximum amount of claim proceeds to return to lenders to help offset loss severity.



We then initiated a comprehensive portfolio-wide approach towards maximizing recovery for damages to loan assets, being the first to exercise a lender's ability to consistently collect on every small and large loss in their portfolio.

As PRP pioneered their industry into full maturity, losses were proven to be reduced and investors realized the value PRPclaims brought to the bottom line of their pool of loans.

In building national programs for GSE investors, as well as other portfolio lenders, we have managed hazard insurance losses on hundreds of thousands of properties and assisted approximately 150 loan servicers to help recover maximum amounts of insurance claim proceeds.

In the past decade, PRP has a long, well-documented history of innovation through “big-picture” ideas in changing conditions, now concentrating more on non-prime loan portfolios. With a thorough understanding of this segment, we have generated optimal returns from hazard insurance claims on these non-performing loans.

Ultimately, PRPclaims places an integral focus on service, performance and, most importantly, to sincerely look out for the best interest of our partners.

If you should require immediate assistance, have questions or need additional information at this time, please contact:

Mr. Gregory Badger
Vice President
Marketing & Business Development
Greg.Badger@PRPclaims.com
619-230-1551x122