Settlements

Settlements

Leakage or claims costs significantly reduce an insurer's ability to stay ahead of the pack.

TEAMM's motor only focus allows us to partner and support your business, ensuring cost-effective and timely claims settlement through our expertise, and our IT client interface ensures ease of processing, workflow efficiencies, transparent claims settlement and no business disruption.

When a monetary settlement is required to be made to another party, Teamm has the claims management expertise to review, negotiate and recommend settlement on behalf of our client, including the review of:

• Third Party demands
• Liability apportionment
• Repair costs
• Total loss costs - including the review of vehicle Pre-Accident/Market Values
• Towing expenses
• Hire vehicle expenses
• Assessing expenses
• Loss of Use expenses
• Legal costs
• Claims handling fees
• And more

TEAMM provides across the board claim settlement services, dealing with insured, uninsured and self insured Third Parties as well as solicitors, fleet and rental car agencies.

Review of demands and effective negotiations with third parties help minimise leakage for insurers and corporate clients when settling third party demands. To achieve this, technical expertise is paramount. All TEAMM staff are specialist trained for these market conditions and due to our motor only focus, are never distracted by non- core service delivery.

When it comes to settlements, our review and advise policy is highly renowned in the market.

Unique account management to Insurers provides close liaison and a collaborative relationship to ensure our clients KPI's are not only met but exceeded.

TEAMM... it's time to TEAMM up and see how we can deliver professional motor settlements innovation into your business.

National Motor Mercantile Specialists