MALVERN, Pa. (8/5/14)--Building on a previously existing partnership with software provider Akcelerant, Allied Solutions will offer access to its collateral protection insurance (CPI) services to financial institutions through Akcelerant. Allied Solutions is a provider of insurance, loan origination and risk management products.
Akcelerant's Elements software provides a la carte features to small and mid-sized financial institutions, allowing them to stay competitive alongside larger financial institutions. Allied Solutions' CPI services within Element will support features such as loan tracking, claim filing, claim tracking and submitting service requests.
"We both strive to provide solutions to the financial services industry to aid institutions in achieving their goals," said Anne Holtzman, Allied senior vice president of claim and recovery. "The integration to Allied Solutions' CPI services within the Insurance Element offers the type of efficiency that our customers need to be successful in their risk management practices."
Added Larry Edgar-Smith, Akcelerant, senior vice president of claim and recovery: "Akcelerant routinely looks for ways to extend the benefits of our products to help our customers remain competitive. Some of the greatest value of our products comes from providing financial institutions with convenient access to industry-leading providers. Allied has been a long-standing partner, and I believe this mutual effort will provide additional efficiencies for our Elements customers."