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Benefits of Outsourcing Your Insurance Claims Recoveries to Expert

Debt Recoveries

Reading Time: 3 minutes Insurance claims recoveries are needed when there is a recoverable amount arising, as a result of a “not at fault” claim. For instance, an insurer pays out for the repairs to their insured’s vehicle. If they do outsource, at what stage do they do this? .

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How to Maximize Insurance Claims Recovery

Debt Recoveries

As insurance claims recovery specialists, we get to see many different claims processes, systems and procedures going on within an insurer or a TPA (third party administrator). So here are our thoughts on how the process of claims recovery can be maximized for successful recovery.

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A guide to outsourcing insurance claims recoveries

Debt Recoveries

Insurance claims recoveries, in this instance, refers to claiming back the cost of repairs for the insured’s loss from the at-fault party. The primary function of claims recoveries is to reduce the overall claims cost outlay, thus allowing insurers to offer competitive rates and premiums.

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MAKE THE NEW FINANCIAL YEAR YOUR TIME TO OUTSOURCE

Debt Recoveries

The new financial year is here and there is no better time to outsource your internal recovery processes and to consider partnering with a professional insurance recovery agency like Debt Recoveries Australia. . From the outset of a claim, the focus is always to take care of the insured first.

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Why you need to Outsource Insurance Claims Recoveries

Debt Recoveries

Why should an insurance company contract out this part of the claims process? The main advantage, of course, is that by outsourcing to a professional debt recovery agency, insurance companies can benefit from higher returns and a lower claims-to-premium ratio. . or via Skype at debtrecoveries. .