Irving, TX (October 21, 2019) —VRM Real Estate Alliance (VRMREA,) a community of companies in partnership to deliver comprehensive, industry-specific services and key philanthropic events, announces the launch of a property investor insurance company, Vendor Resource Management Insurance Agency (VRMIA.)
In partnership with OSC Insurance Services, VRMIA will offer this product nationwide.
Through OSC, VRMIA, as a broker, will provide access to competitive insurance solutions for properties owned by investors or properties owned by companies. Products available include a competitive comprehensive insurance coverage option, as well as liability protection for an individual property, or liability insurance for multiple properties. For investors, the coverage remains in place if the property is between renters or vacant during rehab or improvements.
As of the third quarter of 2019, investors are able to secure insurance for real estate purchases through Vendor Resource Management Insurance Agency’s online portal, www.vrmia.com.
“VRMIA in partnership with OSC is an exciting and ideal venture to deepen our efforts in resolving client-specific pain points, while helping to preserve communities,” said VRM Founder, Keith D. Murray. “We took note of the unique needs of property investors, so our mission to support and respond accordingly made OCS the right fit.”
For more than 30 years, OSC (part of the Breckenridge Insurance Group Company,) has delivered risk management and technology solutions to financial institutions of all sizes, serving more than 1,000 clients nationwide.
“We are excited to offer cost-effective, accessible solutions alongside VRMREA with the launch of the Vendor Resource Management Insurance Agency,” said Vance Root, Senior Vice President of Business Development at OSC. “Our products are tailored to property investors, so our synergy with VRMIA’s mission was clear.”
The expansion of VRMREA to include VRMIA was born from the alliance’s parent company, Vendor Resource Management (VRM,) responding to multiple communities impacted by disasters and learning directly from investors that they were finding themselves under insured in times of crisis. This new product further supports VRM’s commitment to preserving communities and being a top-down solutions and service provider.
On October 26, the VRMIA team will be on hand at the MBA’s National Mortgage Servicing Conference & Expo 2019 in Austin, TX to further introduce VRMIA to the marketplace, discuss the new platform and answer one-on-one questions from curious industry counterparts and property investors, themselves.
For more on Vendor Resource Management Investor Insurance Agency, visit www.vrmia.com.
ABOUT VRM REAL ESTATE ALLIANCE (VRMREA)
VRMREA includes founder Keith D. Murray’s family of companies with a 35 year industry track record, including: PCV Murcor, VRM Mortgage Services, High Tide Settlement Services and the newest industry solution, Vendor Resource Management Investor Insurance. VRMREA is a community of companies in partnership to deliver full-scale industry services as well as key philanthropic events.
OSC is a leading provider of compliance-driven insurance tracking technology and products and services for diverse lenders, mortgage servicers and property investors. A part of Breckenridge Insurance Group, OSC is an international specialty wholesale insurance broker, program manager, managing general agent (MGA), and insurance services provider. The Breckenridge Insurance Group Company is a financial risk management and compliance technology service provider based in Kennesaw, GA.
Vendor Resource Management dba VRM Mortgage Services was founded in 2006 with the aim of providing portfolio managers reliable, high quality outsourcing services for the management of their REO assets. Since then, VRM has listed, marketed, managed and sold over 600,000 properties for clients, while expanding capabilities far beyond conventional asset management. Today’s VRM is now a complete mortgage servicing solutions provider that has maintained its original brand promise: unrivaled solutions, unequaled performance. VRM is known industry-wide for delivering solutions for servicing, default and asset management that consistently outperforms clients’ expectations.