The group's principal activity is to provide pass-through risk solution for various credit related products. The group, through its wholly owned subsidiary, has introduced rentshieldtm, a residential rental guarantee program being offered to North America's residential real estate market. The objective of this program is to reduce the financial risk inherent in property management. The rentshieldtm product facilitates the landlord's receipt of rents by electronic payment. The group also provides rentshieldtm express, which includes credit verification and background checks to help landlords select qualified tenants. The entire program may be accessed by customers through an Internet based network. The group's mortgage default insurance is a credit insurance product sold to mortgage companies to facilitate their offer of higher-than-average-risk mortgages. The group has operations in North America & Canada.
