- Name
- Tom Elder, REO Insurance, All Risks, LTD Lender Force Placed, Wholesale Insurance
- Company
- Tom Elder, Financial Institutions Underwriter, All Risks Ltd
- E-mail
- Contact Tom Elder, REO Insurance, All Risks, LTD Lender Force Placed, Wholesale Insurance (Tom Elder, Financial Institutions Underwriter, All Risks Ltd)
- Website
- http://www.allrisks.com
- Office Phone
- (410) 828-5810 x 3624
- Cell Phone
- (443) 632-5602
- Fax
- (410) 828-8179
- Address
- 10150 York Road, 5th Floor, Hunt Valley, MD, 21050
About Us:
Tom Elder, a trusted 12 year veteran of the mortgage industry, is working with All Risks, LTD, a leading Mid- Atlantic insurance wholesaler, to bring insurance agents a viable cost effective insurance solution for their institutional lending and investing client's REO and force placed portfolio needs. Tom, functioning in the role of Lead Underwriter for Financial Institutions in the National Specialty Programs Division, works with eilte insurance agents nationwide tom meet their REO and force placed portfolio insurance needs.
This is a snapshot of Tom's accomplishments over the years:
- Lead Financial Institutions Underwriter with All Risks, LTD.
- Nearly a decade of mortgage lending experience.
- Recognized authority figure within the mortgage
industry.
- Former Industry Consultant and Trainer.
- He has coached and trained hundreds of loan officers on ethical lending and sales practices.
- Former Commercial Mortgage Specialist
- Former Reverse Mortgage Consultant with fortune 50 company.
- Active voluntary board member on Baltimore Art and Music Project , a local non profit organization working with children and young adults using arts and music as its vehicle for change. Tom serves as Finance and Marketing advisor.
Areas of Expertise
Foreclosure and Lender Placed Property Insurance Highlights:
Carriers: AM Best "A XIII"
Eligible Properties: (Occupied or Vacant): Residential dwellings, manufactured homes, commercial property, and vacant land.
Target Customers:
Retail Insurance Producers who work with: Commercial Banks, credit unions, savings and loans, mortgage banks, financial institutions and investors that service and/or invest in mortgage loans.
Program Features:
- Simple Website Administration - Manage account in real time with our secure online manager.
- Admitted and non-admitted products available.
- Flexible customized programs offering variety of limits, deductibles and coverage options to best fit the client's needs.
- Monthly itemized billing for all coverages and transactions.
- Premium earned on a daily prorated basis.
- Special Coverage.
- Retro Rating Plans.
Coverage:
Lender Placed Hazard and Flood
- Hazard protection in the event of borrower lapse.
- Blanket coverage available to eliminate the hassle and expense of tracking individual properties.
- Real Estate Owned (REO) and foreclosed property and liability coverage available.
- Blanket 2nd mortgage and home equity coverage.
- Additional optional coverages are available.
Submission Requirements:
- Completed Application. (put link to app here)
- Schedule of Loans.
- Schedule of Currently Uninsured Properties.
- Schedule of REO Properties.
- Premium Loss History for Current Program.
Where to Send:
Email: programs@allrisks.com
Fax: 410.828.8179
Questions/Contacts:
Toll Free: 1-800-366-5801
Tom Elder X 3624
Testimonials
| First Name : William H |
| URL : |
| Comment : Words cant express how grateful I am for your help. You have helped us and we just wanted to thank you for |
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| First Name : Shirley and Jim |
| Comment : I just wanted to thank you again for helping us... We will recommend you to anyone we know. |
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| First Name : Matt S |
| Comment : Thanks for the fast and knowledgeable service.... |
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| First Name : Ted |
| Comment : A special thanks to you and your knowledgable staff for your help ... |
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