Product showcase: Braces loss mitigation platform
Summary
Brace recently debuted its next-generation Default Management Platform, a white-label system that gives its customers the ability to handle clients in distress more efficiently. The upgraded platform integrates life workflows, tasking communications and performance reporting into a single environment that helps determine the right way to mitigate losses in each homeowner’s situation. A key ingredient to making it work includes codified algorithms designed by the company to help improve workflow management and also understand and engage with homeowners in their situations. After an application is sent in, services side workflow and tasks are automated, the company said, adjusting live to each progressive data point. They sent you a big paper packet with 50 pages and lots of jargon.” A consumer’s only option for help has been to typically rely on call centers, he noted.