We created Praxis in 1997 for the purpose of identifying and recovering overlooked subrogation opportunities in the New York and New Jersey No-Fault markets.
In 1999, the primary operations were moved to Muncie, Indiana to begin a nationwide expansion of the business and to be more centrally located in order to better serve our customers and add new lines of business.
In 2000, Praxis began providing subrogation services for auto and property insurers including Arbitration Management services. By 2002, we were providing complete subrogation services at the request of existing customers.
Today, Praxis is a full service subrogation outsourcing firm. Our
business model is based on using outsourcing
intermediaries and contract specialists from other industries. Our
goal is to be the niche provider
of subrogation services to the Property & Casualty Insurance industry-
select insurers, TPAs, and reinsurance companies.
Specifically, we focus on PIP/no-fault subrogation. Praxis continues
to increase clients'
bottom line results. |