van Wagenen's Diminished Value Claim Processing Department Experiences Exponential Growth

van Wagenen's Diminished Value Claim Processing Service, which protects client's portfolios from loss of value on their leased vehicles, experiences exponential growth.

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van Wagenen’s diminished value claim processing allows lenders to mitigate remarketing losses while increasing residuals when filing diminished value claims. Portfolio monitoring - including alerting customers of reported incidents, claims management and data analytics while maximizing recoveries make this product an industry front-runner.

“Potential Diminished Value Claims on leased vehicles are not always easy to identify. Our claim professionals will quickly identify, file claims and collect owed damages, removing the settlement process from our client’s internal staff,” says van Wagenen Vice President of RecoveryPro; Jeff Anderson. “We will maximize insurance recovery while reducing operational costs, vehicle depreciation, and charge-offs.”

As the frequency of accidents increases so does the cost of settling those claims, van Wagenen designed this program to efficiently handle the complexity of claim processing to ensure maximized recoveries.

Information on the latest van Wagenen diminished value claim processing program is available: http://www.vanwagenen.com/products/recoveryprosm-claims-solutions/

About van Wagenen

North America’s leader in claims administration, recoveries, commercial, residential and auto insurance and insurance tracking for over 80 years, trusted by lenders of all sizes to provide custom solutions, protecting collateral and your bottom line against loss - from small risks to the catastrophic. We know it’s not just about products and services but continuing to change the way business is done. It’s about protecting your assets and reputation against the unforeseen through industry-leading technology, products, and services.

Source: van Wagenen


Categories: Insurance, Banking, Finance, Insurance, Re-Insurance, Banking, Finance, Insurance

Tags: Bank, Claim Processing, Credit Union, Diminished Value Claims, Insurance, Re-Insurance


About van Wagenen Financial Services

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van Wagenen is your business solution to managing auto and mortgage lending risk and increasing profitability in today's complex, ever-changing regulatory environment.

Melissa Koukkari
Marketing Supervisor, van Wagenen Financial Services
van Wagenen Financial Services
6483 City West Parkway
Eden Prairie, MN 55346
United States