American Modern Insurance Group has provided the banking and lending industries with insurance products and services for more than 30 years

These services include lender-placed hazard, mortgage impairment, collateral protection, affinity renters insurance, plus fee income products such as travel and pet insurance. We offer complete insurance outsourcing for all loan types, escrow processing, loss disbursement management, and reinsurance consulting.

Our seasoned experts will work with you to build a flexible solution to your portfolio’s exposure, drawing upon all of our skill sets – mortgage and loan tracking and processing, underwriting, finance, compliance, and claims – all handled with a laser-like focus on service.

American Modern is part of Munich Re (U.S. Operations). Munich Re operates in all lines of business, primary and reinsurance, with its headquarters in Munich, Germany. With more than $300 billion in assets (Q3 2011 quarterly report), Munich Re is one of the largest insurance organizations, and ranks number 88 on Fortune Magazine’s Global 500 list of the world’s largest companies.

Superior financial performance

American Modern consistently outperforms industry profitability, while maintaining competitive rates and compensation, as shown by the combined ratio comparison, and meets the expectations of our financial industry customers, as our pattern of growth shows.

Superior claims performance

Your insurance carrier and your policy are only as good as the people who process your claim. We think our team is one of the best in the industry. Our goal is to close natural catastrophe (CAT) claims within 30 days of the initial report 80 percent of the time. That’s setting the bar high.

We do it by requiring in-depth training for new hires, which includes hands-on construction repairs, plus continuing education and certifications. We run geographic and exposure models and annual exercises to test the quality of our geo-coded data, and to assess how well yesterday’s experience matches up to tomorrow’s potential disaster.

Our internal practices are all geared to performing well when natural disaster hits. We deploy our most capable field staff to the hardest hit areas, we streamline any non-essential paperwork, and we expand our internal claims staff using tenured professionals from the rest of our organization.

We do what it takes to quickly deliver on our promise, and the results show.