EAC Invest AS (AQEU:EACC)
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Superior Adjusting Signs New Agreement With eAutoclaims
OLDSMAR, Fla., June 1 /PRNewswire-FirstCall/ -- eAutoclaims (OTC:EACC)
(BULLETIN BOARD: EACC) announced today the signing of an additional contract
with Superior Adjusting, Inc., a wholly owned subsidiary of 21st Century
Holding Company, for further services. Superior Adjusting processes the claims
for Federated National Insurance Company and American Vehicle Insurance
Company; 21st Century Holding Company owes all three organizations. Superior
entered into an annual agreement with eAutoclaims to provide first notice of
loss service (FNOL) reports of both Auto and Homeowners. The added service
enables the Superior staff to avoid redundancy and minimize manual input when
using the existing collision management services currently provided by
eAutoclaims.
In addition to the FNOL service, Superior also agreed to roll out eAutoclaims'
new electronic audit product, Audit-Pro, the Company's unique auditing
platform. Superior is the fourth company to agree to roll out the new product
this week alone, and suggests the enthusiasm the eAutoclaims products are
receiving in the market.
Lee Sutton, President of Superior Adjusting, commented, "We have been very
pleased with the services we have received from eAutoclaims to date. Adding our
loss taking business to eAutoclaims' service only makes sense and enhances our
product offerings." Mr. Sutton continued, "We are also excited about the
projected savings from using eAutoclaims new product, Audit-Pro. This product
could have a meaningful impact on reducing our loss severity while minimizing
unnecessary costs."
Eric Seidel, eAutoclaims President/CEO, stated, "Superior Adjusting is a great
fit for our expanded suite of services; they are always driving for new ways to
improve the economic results and customer services they provide. The
additional eAutoclaims' products they have added will help them refine the
audit process and loss severity of service reporting, while helping accomplish
their goals. We are pleased to continue to build long-term partnerships with
industry-leading claims processors."
About eAutoclaims
eAutoclaims (OTC:EACC) (BULLETIN BOARD: EACC) is a business services company
that provides the insurance industry with claims management services through
both ASP and integrated outsourcing solutions. The Company's clients are
insurance companies, fleet management companies and insurance services
companies. eAutoclaims' solutions streamline the claims handling process,
decreasing the overall time and cost required to process a collision claim and
reducing average paid losses for its clients. The Company handles repair
estimates, repair audits, and claims systems administration services for
automobile claims that are processed and tracked via the eAutoclaims web-based
platform and network of service providers.
This announcement contains forward-looking statements. Words such as
anticipate, believe, estimate, satisfies, expect and other similar expressions
as they relate to the Company and its management are intended to identify such
forward-looking statements. Although the Company and its management believe
that the statements contained in this announcement are reasonable, it can give
no assurances that such statements will prove correct. Factors that could
affect the occurrence of events or results discussed herein are included with
those mentioned in the Company's filings with the Securities and Exchange
Commission.
DATASOURCE: eAutoclaims
CONTACT: Jeff Dickson, Chairman, eAutoclaims, +1-813-749-1020,
ext. 2022, or ; or Investors, Mark
McPartland, Alliance Advisors, LLC, +1-910-221-1827, or
, for eAutoclaims
Web site: http://www.eautoclaims.com/