Settlement payment processing annually costs the insurance industry more than $30M.
SES can reduce that to virtually $0.
SES facilitates both the automated issuance of EFTs and the processing of incoming subrogation and arbitration payments made via EFT, once settlement is reached between members. SES is available for E-Subro Hub and Total Recovery Solution® (TRS®) transactions. Best of all, it’s available to AF members at no cost.
Benefits
Eliminates the need for manual data entry and the time-consuming process of issuing checks to settle claims
Eliminates expenses associated with tracking and investigating lost checks and payment mismatches
SES... the only broadly adopted industry solution
Built on mature, well-understood technology by a trusted intermediary (AF) that has over 80 years of experience in serving the industry’s resolution and recovery needs