DIMONT Achieves Key Q1 Milestones as Part of Growth Strategy

- Names CRO, releases Loss Drafts and Insurance Monitoring services, establishes partnership with Auto Trakk -

DALLAS--()--DIMONT, a Dallas-based provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries, announced it had achieved key milestones in Q1, such as processing approximately 9,400 hazard and auto claims and more than 360 investor claims, the hiring of seasoned leadership including Laura MacIntyre as Chief Revenue Officer, launching its Loss Drafts and Insurance Monitoring services and signing Pennsylvania-based Auto Trakk.

MacIntyre’s hiring was announced in January. She brings more than 25 years’ experience in the mortgage and financial industries. MacIntyre’s primary task is to continue DIMONT’s revenue growth.

DIMONT’s Loss Drafts service was officially launched in January. The service allows borrowers, mortgage servicers and DIMONT staff to upload claims-related documents and share status information electronically. It provides real-time visibility of the loss draft status, a complete audit trail of uploaded documents, and event tracking.

The company’s Insurance Monitoring solution was announced in March and offers auto lenders a platform for consolidating insurance information so as to more effectively confirm collateral protection in the event of a repossession claim. The solution also makes users more aware of insurance changes via automated daily feeds.

DIMONT also signed on Auto Trakk, a leading automotive leasing company specializing in financing customers with moderate to severe credit issues. DIMONT handles the company’s auto claims adjustments to recover proceeds on damaged repossessed vehicles.

“These milestones are part of DIMONT’s recent growth strategy that is designed to focus on investing in technology and our human resources and leveraging these strengths into a competitive advantage for our mortgage and auto clients,” said Denis Brosnan, CEO and president of DIMONT.

About DIMONT

Founded in 1996, Dallas-based DIMONT is one of the largest providers of insurance claims and collateral loss mitigation services to the residential mortgage and auto lending industries in the United States. Additional information is available at www.dimont.com.

Contacts

for DIMONT
Chuck Meyers, 678-781-7204
chuck@williammills.com

Release Summary

DIMONT Achieves Q1 Milestones

Contacts

for DIMONT
Chuck Meyers, 678-781-7204
chuck@williammills.com