Alan Gray, Inc. (AGI), the recognized industry leader in insurance claims management and financial services, announces the publication of an article that provides valuable insight to the process of reinsurance collections.
Online PR News – 07-February-2011 – – BOSTON, MA -- Alan Gray, Inc. (AGI), the recognized industry leader in international financial and reinsurance services, has published an article written by Richard Grant that describes the process for proactive reinsurance collections.
The article, titled The Reinsurance Collections Process: Proactive vs. Reactive, gives a straightforward description of proactive strategies companies can take to maximize the economic value of their reinsurance assets. A key tactic discussed in the article is how to combine and coordinate collections, arbitrations, and commutation to achieve the best possible outcome.
"Economic circumstances are leading to more and more complex situations, and it’s no longer effective to sit and wait for reinsurance funds to come in," said Alan Gray, Founder and Executive Vice President. "Rick explains very clearly in this article how companies can combine effective techniques to increase their bottom line, which is our main priority each day" (http://www.alangray.com).
With 25 years of experience in the insurance industry, Grant saw the need for a piece of literature that helped clients understand the reinsurance collections process and how taking proactive measures often produces superior results. Managing Director of Reinsurance and Accounting Services, Grant currently oversees the operational and collection services of the Reinsurance Services division of AGI, as well as provides consulting services to many domestic and international insurance companies.
"Many companies underestimate the importance of active insurance claims management. AGI prides itself on providing an excellent customer experience and servicing a very comprehensive range of situations and products" said Grant. "I hope this article will help clients better understand just a few of the ways our Reinsurance Services division can help them. At the end of the day, we're here to help clients minimize their risk and maximize their bottom line."
To download and read the full article, visit: http://www.docstoc.com/docs/70811873/The-Reinsurance-Collections-Process-Proactive-vs-Reactive.
About Richard Grant:
Richard (Rick) Grant has been involved in the insurance industry for over twenty-five years. Rick has an extensive background working with all aspects of reinsurance services as well as accounting services which includes MGA Audits, forensic accounting services, involving business interruption, and business income evaluations. Rick holds an M.B.A from Suffolk University in Boston, MA, and in addition to his work at Alan Gray, Inc. has held positions at other prestigious firms such as Hartford Financial Services Group and Dean Witter Reynolds, Inc.
About Alan Gray Inc. (AGI):
Since 1988, AGI has helped its clients realize significant bottom line savings through its highly experienced technical staff, ability to adapt quickly to situational changes, and commitment to staying current with the latest industry information and advances in technology. The company is a member of the Professional Liability Committee (medical malpractice) of the Council for Litigation Management and headquartered in Boston, with additional offices in New York, Philadelphia, Connecticut, Arizona and London.