By outsourcing claims recovery, our clients can benchmark results, reduce indirect costs and maximise net returns. It also allows them access to specialist skills for short periods of time, without adding to their headcount.
During major claim events and catastrophes, outsourcing can also minimise disruption and avoid the loss of recovery income.
Recoveriescorp offers a suite of collection services including:
- Full service day 1 recoveries
- Later stage recoveries
- Closed file audits
- Claims recoveries on current portfolios
- Claims leakage reviews on current and closed portfolios
- Instalment management on current portfolios
- Consultative reviews of clients’ businesses processes
- Litigation management
We can determine the type of services and processes required and provide flexibility to scale up or down based on the needs of our clients.
A range of insurance classes
We provide claims recoveries and claim file audits (subrogation of losses incurred due to third party negligence) for a range of insurance classes including:
- Motor vehicle
- Household and commercial property
- Workers compensation
- Liability: public, product and professional