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 As a consequence of downsizing and other cutbacks in recent years, insurance carriers find their average staff adjuster's experience level has declined while workload has increased. In addition, many claims departments lack the adequate technological resources necessary to fully develop claims. The most visible evidence of this decline is premature claim closure and the gap it creates between actual and projected subrogation recovery amounts.
Companies looking to increase net income turn to Praxis to uncover
overlooked or hidden subrogation potential
and retrieve these assets from prematurely
closed files. Through "Subrogation or Subro
Closed File Review", Praxis has built a reputation
based on the ability to find these assets and
return them to the insurance companies, therefore
increasing the insurance company's bottom line. |
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