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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.
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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:
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"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
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" 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
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