Automotive fleets could be recovering millions of dollars more a year in accident damages from third-party drivers with improved loss recovery efforts.
Trevose, PA (PRWEB) March 13, 2014
The automotive fleet industry could be recovering millions of dollars more a year from third-party drivers responsible for highway accidents with their vehicles. That’s the message CEI’s Chris Villella will convey to members of the St. Louis Gateway chapter of the NAFA Fleet Management Association next week.
Mr. Villella, a 25-year veteran of the fleet loss recovery business, will give a presentation titled “Getting More from Your Subrogation Program.” Topics will include the steps necessary for successful loss recovery and a review of the latest loss recovery technology.
The chapter’s meeting will be held Wednesday, March 19, at the facilities of Forest Pharmaceuticals, Inc. in St. Louis. For more information, please visit http://www.nafa.org/professional-development/calendar/.
Mr. Villella is CEI’s senior manager of loss recovery and insurance services, and a charter member of the National Association of Subrogation Professionals. He is also a member of Arbitration Forums’ council for E-Subro Hub, the non-profit industry’s online loss recovery system.
For the fifth year in a row in 2013, under Mr. Villella’s leadership, CEI collected more than $30 million in accident damage costs from third-party drivers for its fleet customers. On average, the company pursues recovery demands in 25 to 30 percent of the accident repair claims it manages, and collects approximately 95 percent of the funds it pursues in less than 60 days.
About the CEI Group, Inc. (CEI)
CEI is a leading provider of technology-enhanced vehicle accident, driver safety and fleet risk management services. Its provider network consists of some 4,000 collision repair shops in North America, and includes nearly 900 truck collision repair centers. Its customers include self-insured, commercial, institutional and government fleets, directly and through alliances with fleet leasing companies. CEI also provides vehicle direct repair program outsourcing to leading property and casualty insurance companies.
Founded in 1983, CEI has headquarters near Philadelphia, PA, and field sales offices in Trevose, PA, Tulsa, OK, and Lake in the Hills, IL. In 2000, CEI launched the DriverCare™ line of services, which include fleet risk management, MVR ordering and compliance, on-line and behind-the-wheel driver safety training and a safety newsletter. For more information about CEI, please visit ceinetwork.com