Financial Services New Product Alert: Mortgageholders Coverage Program

Economic risks and exposures associated with mortgage portfolios have become more complex; so has protecting banks from losses. To help solve for this, OneBeacon Financial Services has created their Mortgageholders Coverage Program (MCP)! The new policy accounts for different types of losses that could impair mortgages, as well as certain exposures from originating and servicing loans.

Check out the latest News from the Vault article, featuring an overview of the product and coverage highlights.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s