Insurance Compliance for many firms is time-consuming, error-prone, and expensive. Reviewing insurance coverage is nebulous – it’s not top of mind for the lending team or the team’s risk managers, compliance officers, and lawyers. To add to the complexity, Insurance Compliance must be ongoing, and it’s highly variable depending on the business’s insurance requirements and regulations. Human error or a failure to properly enforce compliance could leave your assets open to frequent and severe losses. Advocate is an independent provider of tech-enabled insurance compliance services and insurance risk management advice for lenders and asset managers. Our team of experts includes former investors, bankers, insurance professionals, and risk/compliance officers.