Recclaim Software Solutions

Recclaim Software Solutions, LLC ("Recclaim") was created in 2007 to fulfill two specific needs.

Entrepreneur Kevin May was approached by insurance industry executives and challenged with being able to develop solutions that would address two specific issues: 1) lower the costs, and the time it took, to process an incoming subrogation recovery check that’s been received, and 2) establish metrics for evaluating the performance of a subrogation recovery specialist.

Two industry needs.  One solution.  SubroPro.   

One Solution
SubroPro is an application suite that reduces payment-processing time by 60-70%.  It also reduces transactional costs by up to 40%, saving insurance carriers, literally, millions of dollars per year… a direct impact on their bottom line in an economic time where bottom line results are being scrutinized more closely than ever before.

The Second Industry Need
SubroPro’s reporting feature addressed the second industry need.  Management can now more accurately track, and even forecast better, recovery dollars.  They can now also evaluate an employee’s time based on percent of files being touched, recovery percentages, deductibles returned to insureds, and much, much more.

More than 30 years of industry and technology experience combined forces to generate answers to industry needs.  At the time, they just didn’t realize how widespread their impact would be.

Beyond Insurance
The architectural flexibility incorporated into SubroPro is such that the application suite is no longer just a boom for the insurance industry.  The financial investment community has also discovered its robust benefits.  Tens of thousands of checks from investors are received every day by America’s largest brokerage houses.  Getting funds applied to an investor’s account in a timely manner is of the utmost importance.  SubroPro has streamlined the process and dramatically reduced the cost of getting that time-consuming and labor-intensive task accomplished.

One-on-One Consultation 
Navigating your way to improve traditional subrogation methodologies or discover robust benefits for the financial community can be confusing, but help is closer than you think. Get some one-on-one consultation by contacting a Recclaim Business Development staff consultant to see a demonstration of how Recclaim's application suite can help you.