Latest Blog Posts
How to Maximize Insurance Claims Recovery As an insurance claims recovery specialist, I get to see many different claims processes, systems and procedures going on within an insurer or a TPA ( third party administrator). So here are my thoughts on how the process of claims recovery can be maximized for successful recovery. What is […]
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Full details of the Insurance Contract Act 1984 can be found here: https://www.legislation.gov.au/Details/C2016C00820 What’s it About? Section 54 of the Insurance Contracts Act was basically brought in to stop situations, where to simplify the matter greatly, you made a claim on a policy and you forgot to cross every “t” and dot every “i” and […]
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Hi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. As a debt collection agency specialising in insurance claims recoveries, we at ADC Legal Litigation Lawyers and Debt Recoveries Australia get to see the inner workings of many insurance claims departments. We see what systems work and which ones […]
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In continuation of the Insurance Claims Recoveries Blog Series, I would like to talk about the possibility of outsourcing insurance claims recoveries to a debt collection expert. Why should an insurance company outsource this part of the claims process? What are the reasons and what are the benefits? The main benefit, of course, is that […]
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Hi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. Since we do a lot of insurance claims recoveries and general debt collection for insurers, I thought I would share some thoughts and suggestions on the question of exactly what stage should an insurance company outsource their claims recoveries. […]
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Hi, my name is Adam Stewart, Debt Collection Expert and owner of ADC Legal Litigation Lawyers. Claims represent an insurance company’s biggest expense, with claims payouts and loss-adjustment expenses accounting for up to 80 percent of an insurance company’s revenue. One way to reduce these expenses is through claims recovery. Specifically, recovering money from at […]
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