Birmingham, Alabama (PRWEB) December 09, 2013
Millennium Risk Managers (MRM), leaders in the risk management industry, has been officially approved and certified by A.M. Best Company as one of the Best Service Providers in both the Expert Service Providers and Third Party Administrator (TPA) categories, joining some heavyweight competitors in the insurance industry. Co-owners of MRM, Mr. T.R. Roper and Mr. Terry Young, were both recognized as Expert Service Providers in their fields, and MRM, itself, was recognized in the TPA category.
“We are honored that MRM has been listed in the AM Best Directory as a Best Service Provider,” said T.R. Roper, Co-owner of MRM. “This is fantastic recognition for MRM and a huge accomplishment for our small company.”
MRM specializes in the third party administration of workers compensation and general liability claims of self-insured employers and self-insured association group pools. MRM is detail oriented and provides integrated legal and medical cost management systems. The company works hand-in-hand with its clients in administering its compensation programs. MRM is adept at setting up its customers’ specific requirements on how to handle claims, incorporate rollover requirements of existing claims, and meeting the excess carrier/re-insurance requirements. MRM assists its clients in establishing a medical protocol program consisting of management, emergency room and employee procedures. Clients encompass a diverse base of employers including municipalities, government agencies, health care industry providers, manufacturing, retail and service industry entities. MRM administers the workers compensation claims exposures for approximately 745 employers operating within the State of Alabama. This oversight function encompasses all levels of the claims administration process including settlements, surveillance, case management implementation, and mediation services. MRM’s financial risk management programs have significantly enhanced its client’s loss control and human resource managers’ overall performance. For more information, refer to http://www.mrm-llc.com.
About AM Best:
A.M. Best Company, headquartered in Oldwick, New Jersey, provides news, credit ratings and financial data products and services for the insurance industry. It is the world’s oldest and most authoritative insurance rating and information source and was founded in 1899. The company is a full-service credit rating organization dedicated to serving the insurance industry. Policy holders refer to Best's ratings and analysis as a means of assessing the financial strength and credit worthiness of risk-bearing entities and investment vehicles. The company has offices in the United States, the United Kingdom, Hong Kong and Dubai. The company also maintains a news bureau in Washington, D.C. In 2005, the BestMark program was established to validate a company’s credentials and reputation. The BestMark symbol is synonymous throughout the insurance industry with excellence. For more information, please refer to http://www.ambest.com.