Subrogator Magazine
Winter 2009
Praxis recently expanded its association with insurance giant GEICO to complement and enhance GEICO’s internal subrogation recovery effort in order to ensure GEICO’s internal subrogation recovery effort in order to ensure GEICO’s continued success in its pursuit of “best-of-breed” subrogation recovery performance.
“Praxis’s ongoing efforts have contributed to GEICO’s subrogation performance and we look forward to enjoying the ongoing success of this relationship,” said Jay Braddock Jackson, Claims Attorney for GEICO.
Added Robert Ford, President and Founder of Praxis, “From the beginning, Praxis has been about helping our clients do better for their customers and we are pleased to grow our relationship with GEICO. Their commitment to leaving no stone unturned in the pursuit of all available revenue consistently allows them to be an outstanding value.”
07.23.2009 | By Pat Speer
There is a longstanding industry shortcoming: Major insurance carriers often overlook subrogation opportunities as a potential means of offsetting losses, maximizing revenue and positively affecting customer retention. This is among the results of a recent study conducted by Praxis Consulting, a provider of specialized subrogation consultative services, and commissioned third-party research firm The Ward Group. The study of New York & New Jersey automobile PIP/med pay subrogation analyzed state-specific subrogation recovery ratios, expenses, staffing, productivity measures and operating best practices for 2007 and 2008...