Collateral Protection Insurance Programs

Your auto loan portfolio can be your biggest liability. With a loan portfolio of any size, verifying and tracking insurance can be burdensome. That’s where collateral protection insurance (CPI) can help reduce your financial institution’s portfolio risk. 

Program options toPROTECT YOUR INSTITUTION

Compliance Focused

Meeting regulatory requirements is of the utmost importance. Our CPI programs are tailored to meet compliance specifications from start to finish.

Gain Access to AutoPilot® Suite of Software

Your institution will have the advantage of accessing AutoPilot–our all-in-one software platform where you can initiate and track claims.

Holistic Risk Management Approach

Our CPI programs are built to integrate seamlessly with all your risk management needs–collections, asset recovery, and payment processing–through a single platform.

Mobile-Focused Convenience

Your borrowers can update their insurance status through a safe and secure mobile-friendly website.
Our CPI programs address a variety of lending risk strategies for financial institutions of all sizes. We have more than 30 years of CPI experience which includes handling borrower communication for approximately 5 million loans and protecting more than 700 institutions nationwide.

Hybrid CPI Solution

Our team was the first to offer the now-popular, Hybrid CPI Program. We built Hybrid CPI from the ground up to meet your institution’s needs while serving borrowers a program that is less intrusive than Traditional CPI. One of the biggest advantages Hybrid CPI offers is its placed coverages. Policies often cost borrowers as little as $50 - $90 per month. We created Hybrid CPI to address several concerns we heard from financial institutions: 


Improving Lender Cash Flow

“Fronting” the cost of CPI insurance premium on behalf of the borrower that cannot afford coverage in the first place is risky business. The Hybrid solution potentially eliminates that unknown.

Reducing Borrower Tipping Point

Traditional CPI premiums can increase collection and repossession activity. Hybrid CPI can help to reduce delinquencies, saving you money.

Decrease Program “Noise”

With Traditional, institutions often received borrower complaints due to the high cost of placed insurance.  Our Hybrid CPI clients report a significant reduction of member noise after implementing the program.

Contact us today to schedule your consultation and discover how our CPI programs will benefit your financial institution.

AutoPilot Suite of Software

Both CPI programs are powered by our AutoPilot software, which helps to streamline your processes in a single, user-friendly platform. The mobile-friendly AutoPilot web portal is a powerful tool that allows you to modify borrower information, generate quotes, and review letters. 

AutoPilot can generate institution-wide reporting–giving your financial institution’s leaders opportunities to spot trends and optimize your program throughout execution.


Our team built a safe and secure, mobile-friendly, self-serve website for your borrowers to update their insurance status. To help borrowers navigate the website and answer commonly asked questions, we created Ask Emily– our artificial intelligence (AI)-powered virtual assistant.

Client Testimonials

“The Hybrid CPI program with SWBC is the best way to protect collaterals. Switching to the hybrid option from the traditional CPI has saved countless man hours. All of their loan protection coverages are top notch as is their entire team.”
Melissa Harrald
PARDA FCU
“Having a program that will automatically pick up on the drop of the policy, starts notifying right away, and starts covering the credit union right away– those are things that allow me to sleep better at night.”
Arick Williams
Columbine FCU

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