Third Party Services

Claims Run-Off Services

Many insurance operations find themselves in need of a qualified claims administration service to run-off existing claims for a program that is no longer operational or not equipped to handle this obligation. NAICO has the platform and in-depth knowledge of running an insurance company from top to bottom and can offer cost effective solutions to this problem.

The claims staff at NAICO has tremendous experience handling complex general liability, auto liability, physical damage, motor truck cargo, garage and garage keeper’s, workers compensation and property claims, including the ability to interpret coverages and make determinations to quickly resolve claims. Their staff has handled claims in many different industries such as trucking, construction, oil and gas, property, public entities, manufacturing and many others. Their experience handling workers compensation claims in over 30 states allows NAICO to be aware of and know how to apply the statutory benefits applicable in each state. NAICO has the ability through their relationship with CorVel to help reduce and control the cost of medical bills.

NAICO can utilize their seasoned staff to fulfill the following needs for your operations:

  • 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.