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Risk Management and Self Insured Entities
Our goal at Petty Details, LLC is to save our clients time while still providing the best products and services in our field (a very niche field).
Insurance carriers, TPA’s, Trucking Companies, MGA’s, Municipalities, and self-insured entities of all types can use the expertise provided at Petty Details, LLC to streamline their own processes and increase efficiency in hard to master or time consuming tasks that are associated with property damage claims.
Risk managers are normally the appropriate professionals to head up a claims department at a self insured entity. Depending on the size of the company that is self insuring, and whether or not they are exclusively self insuring or insuring only a portion of their total liability, the use of an effective and professional vendor to make sure niche recovery and savings opportunities are not missed can be very, very helpful to a bottom line. Making sure every dollar that is recoverable is pursued is hard, and making sure you don’t pay out more than you owe is hard. Our team includes specialists that are trained specifically for different types of self insured industries and you’ll get the best assistance available for maximizing the profitability of your claims operations. We can also train your staff to be more effective if you want to manage your own recovery portfolio. We refuse to be out-done in any of our areas of expertise. Contact us to start a winning project right now!
Get more info on any of our services below!
We offer two services to help you settle or recover diminished value, also known as loss of market value. Read about our Preliminary Diminished Value Opinion Reports and USPAP Compliant diminished value Reports to find out if our services will help you push your claim to settlement. Read more... If somebody else could be at fault for your company having had to pay a claim, then you probably have a potential recovery. Click here for more information on how we can help you boost recoveries! When adjusters are handling liability claims and paying property damages left and right, it becomes almost impossible to quickly and thoroughly review each and every estimate and damage report for accuracy and proper documentation. Find out how to take the tedious work out of their hands by letting us review the supports with a focus on areas where money can be saved. Click here for more information today! Our goal in auditing your files is to quickly and non-intrusively capture the data needed to identify and implement a recovery strategy on any old or overlooked subrogation money potential. We can audit for files remotely or on-site, and we can set up a quarterly review schedule that is practically invisible to your staff. Click here to read more about how we can find hidden money that would otherwise be lost! Our rapid growth and success in subrogation is no surprise to our founder who has trained countless individuals, adjusters, and CEO’s about the lovely world of subrogation. Find out how we can help build your recovery department today! If your office needs to know how much it will cost to repair almost anything, then call our office! We can coordinate for an inspection, appraisal, and formal report reflecting the estimated dollar amount required to repair the damage. Click here to find out more about our Specialty Appraisals. More services from Petty Details, LLC are coming soon - email us or call us at 903-335-8488 and ask how we can help your company today!
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In many situations, a company may decide to use a method of risk management known as self insurance. Basically, a self insured entity must set aside some money to make sure it can pay for damages that it may cause or have to pay for under contractual obligations.