Product Highlights

Innovative Risk Solutions provides appraisal management and underwriting services liability and home equity loan default insurance. They have the very best protection for Mortgage Service Providers and Community Banks by combining superior process automation, risk mitigation and cost efficiency to deliver outstanding results for our business partners.

Product Features

Innovative Risk Solutions offers specialty financial services products in the banking and mortgage industries. Products offered include:

Mortgage Service (MSP) Program

  • Appraisal Management Professional Liability Insurance
    • Product provides outsource appraiser's E&O per appraisal
  • Underwriting Services Professional Liability
    • Product provides outsource underwriters E&O per contract

Protequity Home Equity Loan Insurance

  • Product is offered to credit unions and small community banks.
  • This product is designed to protect lenders for individual loan defaults on home improvement loans.
business partners

Scope of Coverage

Mortgage Service (MSP) Program

  • $100,000 per claim / $5,000,000 aggregate
  • Premium is incurred one time

Protequity Home Equity Loan Insurance covers:

  • $250,000 per claim on all secured loans and $25,000 on unsecured loans / aggregate is 10% of the Outstanding Balance of new loans reported during the policy period
  • Premium per loan is incurred on a monthly basis


About Innovative Risk Solutionss

Innovative Risk Solutions logo

Innovative Risk Solutions Inc. was formed to bring together the most experienced, forward thinking professionals in the very specialized risk management industry. The team combines over 75 years of experience with custom built insurance products and administrative processes to create a powerful servicing solution for the investor marketplace.


Nationwide's dedicated claims team works proactively to complete a thorough investigation of every claim and aggressively manage the defense of claims to help protect your assets. Our dedicated claims team has the experience and technical expertise in numerous jurisdictions to manage professional liability claims and complex litigation.