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Premium Collection

Premium Collection
A streamlined Collections process is a necessity in today’s business climate. Collections professionals offer a solid understanding of industry nuances, and work to preserve the critical relationship between carrier, broker, and insured. They also excel at the detailed, systematic process required for collections success.
 
The Commercial Premium and Loss Deductible Collection Services practice specializes in the collection of outstanding commercial insurance premiums and loss deductibles. Utilizing a proactive approach to collections, the firm has enabled clients to improve cash flow, lower collection costs, and reduce over 90 day STAT penalties. Collection professionals also routinely work closely with major law firms across the country, in Europe and in Bermuda, in support of litigation and arbitration efforts including expert witness testimony.
 
Services include:
  • Commercial Premium Collections
  • Loss Deductible Collections
  • Receivable Management

SAMPLE ENGAGEMENTS:

Long-Term Industry Relationship Thrives
For over 10 years, Alan Gray LLC has partnered with a leading Property & Casualty insurance company, collecting in excess of $26,000,000. By staying current with industry trends and guidelines over the years, the staff has the ability to quickly identify and resolve outstanding issues and disputes without the need for costly litigation.