Collateral Protection Management Group
Information by Research TrustFinance
Established in 2008, Collateral Protection Management Group, Inc. (CPMG) specializes in the administration of Collateral Protection Insurance (CPI) and related risk management solutions. The company was founded by industry professionals and partners with financial institutions such as credit unions, banks, and finance companies across the United States. CPMG's core business involves tracking insurance coverage on collateralized loans (primarily automotive) and placing coverage on behalf of the lender when the borrower fails to maintain the required insurance, thereby protecting the lender's interest in the collateral.
United States
Industry
- InsurancePRIMARY
- Other Service
Financial