Effective P & C Insurance Collections
To properly and effectively run a business, it’s crucial to have a healthy cash flow. Consequently, it’s in your company’s best interest to ensure you collect your outstanding accounts receivable promptly. Let’s face it — if you’re spending valuable time and resources chasing after your money, then it actually costs you more in the long run.
In fact, a high “Days Sales Outstanding,” or DSO, not only tells you that you’re taking longer to collect your money, but can cause serious cash flow issues for you and your business.
For over three decades, Leib Solutions has been providing Property and Casualty Insurance collections for a wide array of clients and organizations. We can help you reduce your past due receivables, all while enhancing your brand and contributing to your cash flow.
Our specialists are well-versed in Property and Casualty Insurance, including insurance premium collections., subrogation, bonds, and deductible collections. Each one is dedicated to handling all of your accounts with an unsurpassed level of care, respect, and integrity.
Your Trusted Property and Casualty Insurance Collection Agency
At Leib Solutions, we’re not just a professional first and third party collection agency. We’re also committed to offering comprehensive P & C insurance collection services for our clients. This includes our industry-trusted expertise in:
- Audit Premiums
- Workers Comp Audit Adjustments
- Subrogation Collection and Recovery
The Leib Solutions Advantage
We feature an entire team that is solely dedicated to P & C insurance collection. This expert staff understands the nature of P & C issues that can lead to disputes and even non-payment between insurance and policyholders. They also have a wide-reaching knowledge of the policies themselves, all to offer our clients the most comprehensive insurance collections services available.
Our insurance specialists will find ways to work with the policyholders, taking the time to walk them through and educate them on the terms of their policies. We will even explain the policy language in detail and help to settle any disputes among the involved parties. When it comes to responsible P & C insurance collections, Leib Solutions is the trusted industry leader.
Cleanup Projects for Accounts Receivable
Managing and resolving frozen or aged accumulations of accounts receivable requires resources, and at Leib Solutions, we get results for our clients. Whether you need a cleanup project or long-term solution, or you want to take on overflow that your staff can handle, our professional P & C insurance collections can help.
We feature a highly-experienced staff, powerful collection systems, and state-of-the-art technology, all to ensure a custom, collaborative workflow to interface with your systems. Using this approach, we help you offload your excess and overflow, positively impacting your cash flow, and ultimately, your business.
A Focus on Customer Service
Leib Solutions employs a respectful and professional customer service process which translates into quicker recoveries and customers who are happy to cooperate, leaving the door open for future business. In fact, our management team has more than a century of insurance collections experience, both in the insurance industry and as service providers.
It’s this dedication to our customers which has earned us the coveted Expert Service Provider status with A.M. Best, the renowned global insurance industry rating agency. We’re honored to have held this distinction since 2007. In addition, we are proud members of the National Association of Subrogation Professionals (NASP), Insurance Society of Philadelphia (PIA), and Insurance Accounting and Systems Association (IASA).