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Employee Spotlight: Michelin Clark

Questions Q: What do you like the most about working here? A: Community and Unity – I appreciate the family-oriented working environment and the fact that we have a good sense of unity within our community. We celebrate each other’s accomplishments whether it’s professional or personal. By having this sense of “winning together” concept, we also stick together when times are tough as well. Q: What is your current role at DRN? A: My current role at DRN is Product Manager. Q: How long have you been working at DRN? A: I’ve been with DRN for almost 2 years Q: What does your job entail?

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Blog

DRN Vehicle Recovery Hotlist Grows to 360,000 as the Company Marks Milestone of $2 Billion in Asset Value Recovered in 2017 for Lenders

Hotlist Growth Reflects Confidence in DRN’s Provider and Affiliate Network FORT WORTH, TX 1/23/2018 – Digital Recognition Network (DRN) announces today that the company’s active hotlist hit an all-time high of 360,000 License Plate Recognition (LPR) assignments. DRN also reports that in 2017 the company’s providers recovered collateral totaling a

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Auto Insurance Carriers: Make Your Predictive Analytics Smarter

Add vehicle sighting data to insurance carrier predictive analytic models; you’ll be surprised at what you find out. There is no debating the value of insurance carrier predictive analytics. Property and casualty insurers report that models built from predictive analytics help them to improve business performance. And like any business

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Title Lender Boosts Recoveries by 23%

Averts losses using vehicle location data for right party contact and faster recoveries. Title lenders serve a market need for under-banked customers, people in a financial crunch that need rapid relief and continued access to transportation. The title lenders we support tell us that it is critically important to maintain

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Attention Credit Unions: You Really Should Be Better

Credit unions seem to have mastered rapid growth and indirect auto lending strategies, but that’s not good enough – they must be better at connecting with customers to collect on those loans. According to the National Credit Union Administration (NCUA), credit unions saw continued growth in the first quarter of 2016

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Competing for Commercial Auto Business in a Hard Market

Commercial auto carriers look beyond differentiating to compete including vehicle location data to detect fraud at quote.  Once again the commercial auto lines industry is experiencing rising losses. Once again the solution to bad results is to raise everyone’s rates to make up for the losses. Once again good risks

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Waiting-to-Lose Strategy is No Strategy

Days past due (DPD) strategy often leads to repo or charge-off: use vehicle location data as the trigger to avert losses. At our lender round-up in February, we heard from 20 of the top auto lenders in the nation. The main takeaway? “All of the lenders are being challenged to

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