ACD, a leading auto claims technology, decision support, advisory and service network firm to the property and casualty industry announced record breaking accuracy results during the first quarter of 2015.
, the leading subrogation technology solution in the auto and property claims industry recorded record results during the first three months of 2015. Audited accuracy savings rose 13.8%. Rental, storage and parts were strong drivers in savings with fourteen other categories also providing solid numbers. Data also available within includes detailed negotiation and demand analysis of over 315 national insurers.
“The wealth of datacompiles enables a subscribing insurer to analyze demand trends, carrier responses and historical data so they can manage an area of claims that traditionally lacks visibility. ’s™ powerful technology empowers subrogation departments to ensure they are only paying for what is truly owed and also plan how to effectively manage the entire process,” stated Ernie Bray, CEO of ACD. “ can manage a vital process often relegated to the back burner. While many insurers are concerned with LAE costs associated with the beginning stages of a claim, a poor subrogation process at the end leads to millions of dollars lost to their organization,” added Bray.
is just one of the technology solutions available through ACD’s suite of scalable, cloud-based technology offerings.
With a mission of shortening the claims process and driving client satisfaction, ACD delivers the leading virtual claims workflow technology that flexes to an auto insurer’s specific business needs. ACD partners with tier 1 insurers, midsize carriers, TPAs, fleet administrators and self-insureds to provide the leading SaaS platform that drives workflow optimization and efficiency. For more information, visit acdcorp.com.