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Closed Case Audits by Debt Recoveries Australia

Debt Recoveries

Reading Time: 2 minutes Now that the new financial year is in play, and all of our reporting and reviews for the end of the previous period have been completed, it is a good time of the year to clear out all the old claims cases and get them checked over for possible recovery opportunities. . Judgments with no recovery .

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Why you need to Outsource Insurance Claims Recoveries

Debt Recoveries

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. . Debt Recoveries Australia can function as an extension of your claims team. Claims leakage audits on active and closed cases.

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Why Outsource Insurance Claims Recoveries

Debt Recoveries

I’d like to discuss the prospect of outsourcing insurance claim recoveries to a debt collection professional as part of the Insurance Claims Recoveries Blog Series. . Debt Recoveries Australia’s team can work as an extension of your claims department. or via Skype at debtrecoveries. .

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Outsource insurance Claims Recoveries will Save Claims Costs

Debt Recoveries

Claims recovery is one method of lowering these costs. Recovery of money from at-fault parties when the insured is not at fault. The insurer will pay for the damage, but the claims expense can be fully recovered from the at-fault party, in this case, the truck driver, or his/her insurance company, if insured.

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Insurance Claims Recoveries: Outsourcing to Reduce Claims Costs

Debt Recoveries

Insurance claims recovery is one approach to cut down on overall claims costs, by recouping some of the losses incurred in the claims process. . The insurer will pay for the damage, but the at-fault party, in this case, the truck driver, or his or her insurance company, if they are insured, can reclaim the entire claim expense. .