Periculum Announces Partnership With Covered Bridge Associates
Periculum Services Group (Portland, Michigan) and Covered Bridge
Associates, Inc. (Cheboygan, Michigan) announce a long term partnership that will enhance
the futures of both firms and their clients. In this partnership, Periculum will be providing
ongoing technology, development, and operations support to Covered Bridge and its clients.
Implementation of this relationship is in full swing and the new upgraded service for
Covered Bridge clients is planned to begin in quarter two of 2003. Phase one of the new
partnership is already complete with the launch of Covered Bridge’s new website
(www.ecoveredbridge.com) in late 2002.
About Covered Bridge Associates, Inc.
Covered Bridge tracks a wide range of commercial insurance policies covering business borrowers.
We provide sample insurance language for use by your loan officers in their commitment documents.
Insurance documents received at closing are sent to us along with a copy of your insurance
requirements for the loan. Covered Bridge evaluates the coverage and notifies you of any
material deficiencies. Expiration dates are tracked and exceptions monitored until they
are resolved. Lenders have real time access to their borrowers' insurance data through our
secure website.
Covered Bridge works directly with insurance agents and companies to obtain policies and to
make minor changes. To protect your customer relationships, we do not contact your borrowers
directly. When a coverage problem requires contact with a borrower, the matter is
referred to you.
Covered Bridge is based in Cheboygan, Michigan. For more information contact
Dave Lake at (616) 355-7830, or visit www.ecoveredbridge.com online.
About Periculum Services Group
Periculum Services Group provides professional insurance verification and tracking services
to risk managers and brokers. Periculum’s technology and web application allow Periculum
clients to better manage their risk and maintain control. Periculum is based in Portland,
Michigan. For more information, contact Zeke Jenkins at (517) 647-1700 x203 or visit
www.periculum.com online.
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