Collection Industry Insurance
Acumen offers specialized insurance solutions to meet the unique needs of debt buyers, collection agencies and law firms. Our team works closely with Receivables Management Association to help debt buyers navigate available coverages based on their needs. Debt Buyers are required to have minimum insurance coverages in place to earn Receivables Management Association Certified status and our team has developed a custom insurance program to meet these unique needs.
Specialized Receivables Management Insurance Programs
Acumen has created a program that is the first Errors & Omissions / Professional Liability of its kind. This specialized program was created by collection and insurance industry leaders to service the needs of debt buyers, collection agencies and law firms. We offer mutual Choice of Counsel and have some of the most experienced attorneys in the collection industry on our rapidly growing “Collection Defense” panel.
The program is underwritten by leading global providers of insurance with collection industry leaders, ensuring a deep understanding of the type of risks involved. Acumens Programs offer multiple options for firms of all sizes with individually tailored coverages and risk management support to fit the needs of each firm.
Program highlights include:
- Team of professionals with 20+ years of industry experience
- Mutual Choice of Counsel & Collection Defense Panel
- Coverage available for TCPA, FCRA, FDCPA
- Class action coverage available
- Territory – Worldwide coverage
- Industry specific policy language