For the past year, Cornerstone Support, Inc. has provided collection agencies and debt buyers with a centralized option to shop for better insurance rates. One year after adding errors & omissions (E&O) insurance to its list of risk management services, Cornerstone Support has helped drive down premiums throughout the collections industry.
“We decided to launch this service after talking to numerous agencies who felt like they were paying too much for their E&O coverage,” says Cornerstone Vice President Matt Pridemore. “Cornerstone’s entry in the market has provided much needed options for insurance never before available to the collection industry.”
Cornerstone Support has an in-house insurance agency working to help collectors take advantage of the competitive insurance market without compromising their level of coverage.
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