Praxis is able to generate millions of dollars each year through arbitration management. We have the experience — over 6,000 arbitration claims initiated and millions of dollars collected — and we know when to file and what the process requires to be successful.
Companies lose millions of dollars each year in collectable subrogation potential simply because they don't use arbitration correctly.
Arbitration is a highly-specialized skill, and one that offers the opportunity for significant recoveries on disputed claims, as well as prevent payout on third-party counter claims. Because the number of arbitrations to file, or respond to, can fluctuate, outsourcing converts the fixed cost of internal staff to a variable cost.
Please contact us if you believe your company could benefit from a comprehensive subrogation review and analysis.