| TPA RISK MANAGEMENT
SERVICES |
Key
Areas Of Focus |
- Company’s practices
and procedures, beginning to end
- Procedure Manual
- Accounting reconciliations
- System utilization
- Underwriting guidelines
- Establishing underwriter partners
- Staffing structure and skills
- Claims handling procedure
- Risk Management
- Reducing claims expenses and
minimizing risk exposure
- Partnerships and Strategic
Alliances
- Improving claims handling
efficiency
- Managing and assist run-off
business
- Working with Actuaries to
establish extended service contract pricing
- Assisting our clients in recovering
for paid out claims outside the term and condition
of the service contract and client agreement
- Monitoring/Auditing proper
claims handling
- Claim Administration
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TPA
Risk Management
14425 Torrey Chase Blvd Suite 110
Houston TX 77014
281-248-9200
vinnymiller@tparm.com
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TPA Risk Management
offers a highly specialized set of professional consulting services
based on years of experience in the Vehicle Service Contract
(VSC) industry and focus on client needs. We provide an analysis
of your operations or business interest and tailor our services
to your needs. Tailoring services to client needs, TPA
Risk Management provides a complete analysis
of the clients operation and business interest.
Some of the areas TPA
Risk Management specialize in are:
Training
TPA Risk Management's
trainers have the experience to train both inexperienced claims
adjustors as well as tenured claims managers.
Claims Administration
TPA Risk Management
assist in recruiting qualified claims adjusters and provide full claims adjudication services to our clients.
Product Support
Utilizing our extensive current network, providing product and pricing
options to ensure clients are capitalizing on new revenue generating
opportunities. Entering into partnerships with the right companies
and the right pricing will have a significant impact on bottom line
profits.
Vendor Relationships
Assess client’s current parts, inspections, and claims system
vendors to determine the most cost effective process that will help
reduce claims processing cost and average cost per claim. Assisting
our clients in developing a stronger relationship with current and
new vendors by establishing pricing and service obligations. To
ensure the solution is long term, we monitor the service level of
all our clients vendors service level.
Processing and Technology
TPA Risk Management
has the ability to help design flexible solutions based on client
need. System enhancements will reduce costs, improve processing
efficiencies and increase overall profitability.
Underwriting Relationship
TPA Risk Management will assist
clients who are having difficulty developing an underwriting relationship
for vehicle service contract product. TPA
Risk Management evaluate
our client’s current underwriting guideline and the extended
service contracts to ensure it matches the need of underwriting
partners. If the process is not inline with the underwriters, we
will work with the client to make the necessary change that will
meet the requirement of the Carriers.
Actuarial Support
TPA Risk Management
has a network of vehicle service contract Actuaries available. From
time to time, clients request an actuarial study to verify the proper
pricing set that has been requested by underwriters and marketing
partners. The client, by utilizing this study will be better informed
for the decision making process.
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