Third Party Services

Claims Run-Off Services

Many insurance operations find themselves in need of a qualified claim administration service to handle the run-off of existing claims for a program that is no longer operational or unable to fulfill this obligation. NAICO's platform and in-depth experience allows us to offer cost effective solutions to this problem.

The claim staff at NAICO has a tremendous amount of experience handling complex general liability, auto liability, physical damage, motor truck cargo, garage, garage keepers, workers' compensation and property claims, along with the ability to interpret coverages and determine how to quickly resolve claims. Our team has handled claims in various industries including trucking, construction, oil and gas, property, public entity, manufacturing and many others. Our experience handling workers compensation claims in over 30 states provides us with the knowledge to apply statutory benefits applicable in each state. We have the ability through our relationship with CorVel to reduce and control the cost of medical bills.

NAICO utilizes our seasoned team of professionals to fulfill the following needs for your operation:

  • Claim litigation and mediation management
  • Quality reserve establishment
  • Reinsurance compliance and reporting
  • Claim payment and resolution
  • Salvage/Subrogation recoveries
  • Ability to recognize and control ECO and EPL exposures

For more information, contact us.