Our Loss Transfer department offers a comprehensive service package for Loss Transfer defense and recovery programs. These are incredibly effective tools for our clients to mitigate their losses and maximize their recoveries for eligible payments. Our Loss Transfer Defense and Recovery Program is two-tiered, combining attorney oversight and experienced paralegal staff to reduce costs for our clients. The attorneys at our firm oversee all aspects of our Loss Transfer program and have hands-on involvement in document and case review, arbitration hearing appearances, and reportage to our clients, ensuring the best possible results at minimal cost.
Our handling of every Loss Transfer case begins with an in-depth review of the claim to determine the best course of action and continues through arbitration and, if necessary, any appeal. In fact, we continue to represent our clients’ interests even after we’ve obtained a recovery by periodically following up to see if they’ve made any additional recoverable payments. This approach, coupled with our extensive knowledge of the law and productive working relationships cultivated within the industry have resulted in an unparalleled success rate.
Unparalleled Loss Transfer Recovery
Our loss transfer recovery results are unheard of. According to Arbitration Forums the industry average recovery rate was 64% in 2019. Our results significantly outperform that standard, with a loss transfer recovery rate of 91.3% of the amount sought. Not only do we enjoy a high rate of success in arbitration but the working relationships we’ve built with adversaries over years in the industry often allow us to obtain reimbursement without having to resort to arbitration.
Defense You Can
Count On
As attorneys, we are well-equipped to address any issue that may arise, from coverage disputes to questions of liability. That capability has translated into results that are well above the norm. In 2019, our defense team limited our client’s losses to just 51.8% of the claims filed against them, well below the industry average of 64%.
Industry-Leading
Talent
There’s a reason for our superior practice offerings, from our lawyers to our leadership. Finding Loss Transfer attorneys who are attuned to every change in the industry is very difficult, but we’ve managed to succeed. All of our Loss Transfer cases are handled by experienced attorneys who also serve as arbitrators at Arbitration Forums, Inc., while Partner Jacqueline Mancino currently sits as the Secretary of the New York State Department of Financial Services Loss Transfer Advisory Committee. You simply will not find a higher caliber firm dedicated to your success.
We are committed to client satisfaction and our Loss Transfer attorneys will tailor our process to conform to the unique needs and desires of each client. From customized procedures for referring new cases and communicating status updates to fee structures including hourly, flat fee, and contingency rates, our goal is to make your job as stress-free as possible while providing stellar results.
To learn more about our loss transfer programs,