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Praxis

is an insurance subrogation services provider. We specialize in:

Closed File Review
Arbitration Management
Subrogation Referral & Outsourcing
Process Assessment & Benchmarking
Subrogation Claims Purchasing

A shared risk is a risk managed. Unlike a staff employee, Praxis is "at risk" for many potential missed opportunities, blown statutes and sub par performance. By using Praxis as an outsourcing solution for subrogation claims, companies avoid spending millions of dollars to hire, train and manage staff. We assume the risk. We strive to achieve a cost savings and enhanced recovery result for our insurance company clients that cannot be exceeded in the industry.

NEW BENCHMARK STUDY
New York & New Jersey Automobile
PIP/Med Pay Subrogation

A new study conducted by The Ward Group, sponsored by Praxis Consulting, provides insurance companies insight into subrogation performance and management, including:


Click here to request more information
  • State-specific subrogation recovery ratios
  • Expenses
  • Staffing
  • Productivity measures
  • Best practices


"The word 'subrogation' probably doesn’t mean a lot to most Americans. But for anyone who’s been the victim of someone else’s reckless driving, subrogation—the process by which insurance companies make sure that the at-fault party is responsible for costs in order to keep your rates low—is familiar and valuable..." read more
- GEICO


" Companies that rely on service contracts should make sure they're not working against them. A service guarantee implies confidence in the quality of its value proposition and that it will compensate customers who are not satisfied. In contrast, a long-term contract indicates a lack of confidence in its value proposition by locking customers in."
- Harvard Business Review