eAutoclaims Sees Record Growth in Processed Transactions
Oldsmar, Fla.-based eAutoclaims, a provider of managed collision repair services and insurance claims processing technology applications, reported growth in claims volume processed for the quarter ending Jan. 31, 2006.
The company said its Special Market Division saw a 50 percent growth in the number of claims processed and attributed the added claims volume to the co-marketing agreement with ADP Claims Services Group.
“Over the past quarter, the company was quite pleased with the increase in claims transactions over the previous quarter,” commented Eric Seidel, president/CEO of eAutoclaims. “Our Special Markets division grew in excess of 50 percent this past quarter alone, and we believe this trend will continue through the remainder of this fiscal year.”
The company has begun the rollout of a second top insurance company under the agreement with ADP Claims Services Group, which was previously disclosed in an 8K filing on Feb. 2, 2006. eAutoclaims said it has also initiated the rollout of an additional insurance carrier with similar potential, which is the result of a direct sale by the company.
Source: eAutoclaims
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