National Lenders General Agency made its sixth significant move since March, as the company looks to provide innovative tech solutions for independent dealers and special finance companies.

This week, National Lenders added to its offerings by rolling out cloud-based insurance tracking software.

National Lenders said its clients now have a cost-effective, automated solution to the labor-intensive task of tracking, verifying and communicating with customers on new and existing contracts.

The company highlighted automated insurance tracking can provide dealers and finance companies a safe, secure way to mitigate insurance losses while saving time and money.

National Lenders’ technology can allow users the ability to access data and pull real-time reports, reducing error and the need for costly staff expenditures.

The company added that buy-here, pay-here dealers can enjoy increased profitability as the number of contracts with proper insurance coverage rises in their portfolios.

“Dealers and lenders are seeking innovative solutions to accelerate performance and growth in today’s dynamic economy,” National Lenders executive vice president and chief operating officer Eric Hurst said in a news release.

“Our business model is directed at aligning the right products, strategies, technology, and people to help our clients reach their strategic objectives,” Hurst continued.

Among the other moves National Lenders has made since March, the company announced Hurst and Ken Terkel as top executives, added four other executives who are involved with sales and marketing, launched a contractual protection insurance (CPI) program and joined independent dealer associations in four states.