A closer look
at the various systems within HUD further elucidates that
they maintain housing and a large number of lenders, PHAs
and other entities. As HUD funds a lot of initiatives such
as low income and rental assistance, it is constantly dealing
with dynamic data that needs to be verified in order to determine
the accuracy of such data submitted by families, agencies
and lenders. Risk management is an integral part of how HUD
should divert funds in a fair manner. 2M has a wealth of experience
in the insurance industry, to include Underwriting, Risk Management,
Policy Services, and Auditing that parallels HUD's aforementioned
key requirements. 2M has demonstrated this through its innovative
COTS product development,
www.InsuranceIsland.com. This product is a key enabler
of the technology, providing customer relationship management,
underwriting, risk management, policy services, agency audits,
and a plethora of services related to the financial industry.
Today, InsuranceIsland supports elite clients in the insurance
industry such as Allstate Insurance, Farm Bureau Insurance,
Titan Insurance, and Nationwide Insurance, to name a few.
The application is constantly updated and hosted from our
facility in Cleveland.
Our project managers also have domain experience,
eliminating some of the risks arising from a lack of business
knowledge and experience. Lack of project management is the
principal cause of project failures. At 2M, all of our project
managers not only have project management experience, but
also the required domain experience for a particular project.
For instance, our PM will have financial, lender, and real
estate data experience so that the entire team realizes HUD's
mission. Technology is a tool to accomplish that mission.>> more
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