Specialty Claims Management currently handles several of the largest real estate agents/brokers professional liability insurance programs in the U.S. We are staffed with experienced and highly technical claims professionals specializing in this line. Our staff works very closely with our insurance carrier and managing general agency clients to mitigate claims costs and obtain the best results. And our services go beyond just claims handling….ranging from back-room claims administration to risk management consulting and litigation management.
Real Estate Errors & Omissions claims are typically filed against real estate agents by buyers and sellers. They often allege that the agent did not disclose a material fact in a real estate transaction and his/her conduct fell below the standards of a real estate professional.
Services:
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Real-time client access to our claims administration system
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Loss fund maintenance and reconciliation
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Issuance of 1099 Forms to vendors
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Automated claim check issuance
Claims and Risk Management Consulting:
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Technical and Operational Reviews
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Claim Reserve Analysis
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Claim Staffing Analysis
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Due Diligence Reviews
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Cost Control Evaluations
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Claim Handling Practice Reviews
Comprehensive Litigation Management:
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Identification of all significant activity proposed by defense counsel
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Identification of discovery and motions to be filed
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Dates of completion for each activity
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Detailed budget plan for discovery
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Mandatory initial, interim and pre-trial reports
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Detailed review of all charges to include audits on a needed basis
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Avoidance of litigation costs through proactive claim administration
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Strategy reviews to incorporate client litigation philosophies in the administration of litigated claims
