Business News: ASSI, Service Insurance Holdings, ISO

Accident Support Services International Ltd. announced that it will open its first Arizona Collision Reporting Center, the second in the U.S., in Tucson, May 2018.

Accident Support Services International Ltd., in partnership with insurers and local law enforcement agencies, have been
operating Collision Reporting Centers since 1994. The Tucson CRC will be the 33rd center to open in North America and
First in the state of Arizona.

ASSI’s goal is to facilitate an active partnership between the police and insurers in post-accident care by providing
exceptional customer service, advice and assistance to citizens involved in an accident with branded handouts and
material from their insurance provider. By providing insurers with all relevant facts of the loss (first notice of loss) including
documentation and photographs of all parties within hours of the collision as their reporting to police, we help reduce
claim cycle times and related costs. The program is geared to increasing penetration of carriers’ preferred appraisal resources,
improve customer service and reduce the likelihood of physical damage and bodily injury fraud, while enabling Insurers
to significantly improve claim outcomes and policyholder retention by streamlining the claims reporting and settlement
process. For police, the program allows them to redirect scarce resources to higher priorities while still overseeing
important public safety aspects or accident reporting.

For more information visit www.accsupport.com

Building on a mainstay practice area while expanding its geographic reach, privately held Service Insurance Holdings, Inc. (SIHI), parent of Texas-based Service Lloyds Insurance Company, a Texas-owned and -operated carrier offering workers’ compensation, announced the acquisition of American Healthcare Indemnity Company (AHIC), an Oklahoma-based insurer. The new entity will be rebranded as Service American Indemnity Company.

A primary goal of the acquisition is the augmentation and gradual expansion of the company’s business geographically. The acquisition will allow Service American Indemnity Company to write workers compensation insurance in up to 48 states. The new entity will also identify and introduce new programs that will create significant opportunities for growth and profitability.

The acquisition will result in a planned pooling and reinsurance agreement under SIHI, and will result in the addition of significant new resources. The business will remain headquartered in Austin.

ISO Claims Partners has announced the integration of Premonition data and legal analytics into its suite of services. Premonition maintains the world’s largest litigation database. ISO Claims Partners is a Verisk business and Medicare compliance and claims analytics provider.

Premonition data will benefit ISO Claims Partners customers by providing them with unprecedented access to litigation information at the state and local level. The service will guide insurers in selecting the best defense counsel for different claim types based on “win rates” as well as provide critical information about plaintiff attorneys and judges that will help them form winning litigation strategies.

With Verisk’s data sets and analytical solutions across the property/casualty industry, including its claims database with more than 1 billion claims, Premonition complements the end-to-end claims insight and decision support services insurers rely on to manage expense, control claims costs and deliver outstanding customer service.