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Wednesday January 31

ProcessClaims Signs Agreement with Financial Indemnity Company

Irvine, CA -- ProcessClaims, the Web-based claims solutions provider, has announced an agreement with Financial Indemnity Company (FIC), a provider of specialty property and casualty insurance products. The contract to electronically process material damage claims between FIC's claims department, field staff and independent appraisers, and collision repair facilities, solidifies a long-standing pilot relationship between ProcessClaims and FIC.

"We're very excited about the partnership. Through our initial pilot program, ProcessClaims clearly demonstrated the ability to deliver solutions backed with a team of professionals committed to the success of our program", stated Mike McKinzie, FIC Vice President Claims. "We look forward to a long-term relationship, as ProcessClaims will tremendously enhance the way that we conduct business today and in the future."

"ProcessClaim's ability to streamline our process goes beyond their ability to translate estimate information. We're also moving forward with their web-based total loss solution via Vehicle Valuation Services (VVS), essentially making our process paperless, and facilitating 100 percent of the material damage process," stated Steve Swigert, FIC Material Damage Manager.

"The agreement with FIC is truly exciting for us, as they were our first insurance customer to pilot and prove our ability to integrate the total loss valuation process," exclaimed John Wieland, VP of National Accounts. "They realized the instant benefits of the partnership, which provides process simplification and cost savings for their claims handling needs." Financial Indemnity Company is owned by The Unitrin Property and Casualty Insurance Group, one of the 60 largest property and casualty insurance groups in the U.S.

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