Canal Insurance Company Selects Trumbull Services to Provide Subrogation Management Solution
COLUMBIA, SC – December 7, 2006 –Trumbull Services, a leading provider of insurance solutions to the property and casualty industry, today announced an agreement with Canal Insurance Company for Subrooutsource®, a comprehensive outsourcing solution that will allow Canal to place their subrogation claims with Trumbull for resolution.
Trumbull will use Subrosource®, an internally developed, advanced system designed to enhance subrogation recovery activities for all lines of business in all states. Trumbull will couple the technology with their experienced subrogation team, to deliver the services for Canal.
Lee Norris, Subrogation Claims Supervisor at Canal, said, “Subrooutsource®is a perfect fit for Canal. We wanted a solution that would employ industry best practices and that could easily identify files with the highest subrogation potential to maximize our recovery results. Trumbull’s services met these requirements and more. One of the features that we found particularly attractive about Trumbull’s solution was their extensive reporting capabilities for monitoring and managing our recoveries. These elements combined with their experienced and professional staff made our decision an easy one.”
“We offer subrooutsource® specifically for companies such as Canal,” stated Steve Francis, president of Trumbull. “Trumbull will manage the entire subrogation process leveraging the system’s abilities to increase recoveries through effective resource allocation, automated workflows, and a continuous improvement model – all of which contribute to improved financial results.”Trumbull Services is a Windsor, Connecticut based company providing business process outsourcing (BPO) and application service provider (ASP) solutions to the insurance industry. Insurance services and technology applications include policy administration, subrogation recovery, and premium billing. For more information about Trumbull, visit our website at www.trumbull-services.com or contact Ann Pincelli at 1-800-708-0837.
Canal Insurance Company, is considered one of the Top 50 property and casualty groups in the nation by Ward Financial Group, writing commercial auto insurance in 46 states with $550 million in policyholder surplus. For more information about Canal Insurance, visit www.canalinsurance.com.
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Contact:
Ann Pincelli
800-708-1674