Resolvion Insights
At Resolvion, we believe that an important part of our role is to provide our clients with insights into current issues and best practices. To that end, we write articles, sponsor research, survey best practices and host industry events. Visit this section of our site regularly for updates.
Are Your Repossession Agents Properly Insured?
Source: Monitor Daily There are few actions that a lender takes that have more potential for legal or damage claims than a vehicle or equipment repossession. Ensuring that your service providers have the right types and amounts of insurance coverage is critical to managing the risk. While your contracts may be clear that…
Webinar: Using AI and Big Data to Improve Repossession Results
This session will examine the type of analysis and decisions derived from data and will provide insights into how AI is likely to be used to drive better results, greater efficiency and improved compliance in the recovery industry in the future. Here’s What You’ll Learn: Identifying recovery curves to implement timely strategy adjustments Repossession…
Resolvion Launches COVID-19 Customer Support & Risk Mitigation Service for Equipment Lenders
Atlanta, GA, April 06, 2020 – Resolvion, a leading skip tracing and repossession management company, today announced the availability of a new service designed to help lenders manage the flood of deferral/modification requests and, at the same time, better manage the emerging default risk caused by the COVID-19 crisis. The COVID-19 Risk Manager program involves proactive…
Optimizing Repossession Results Utilizing AI and Big Data
The characters in “The Wizard of Oz” ultimately learn that the items they had been seeking — courage, a heart, and a brain — were with them all along. They just needed to look inside themselves and realize the situations they had faced helped reveal those characteristics they thought they did not have. As Glinda…
5 Ways to Improve Impound Recovery
Impound management and repossession is often a challenging task. The impound management process is tedious and many times is a multi-step and multi-platform procedure that requires specialized expertise to handle effectively. To make matters worst, impound yard operators are difficult to deal with. There are many issues involved when it comes to recovering an impounded…
Video: Remarketing Challenges and Opportunities
Watch The Video: **For the best video quality and display, watch in full screen mode. Presenter: Joe Hearn of Advanced Remarketing Services The hottest trend in the remarketing business in recent years has been the sale of vehicles “upstream” rather than at traditional auctions. This has become a major part of channel mix for…
Resolvion Joins Equipment Leasing and Finance Association
Atlanta, GA, February 21, 2020 – Resolvion, one of the nation’s leading skip trace and repossession management firms servicing commercial lenders, has joined the Equipment Leasing and Finance Association (ELFA). The trade association represents over 500 financial services companies and manufacturers. The membership will provide Resolvion with more opportunities for professional development, networking, and access…