Insurance Companies

Technical claims require a specialized and timely response.

Too often, equipment replacement decisions are based on uncontested and unjustified concerns regarding apparent damages.  With almost 9,000 assignments completed, we have found that over 80% of equipment/machinery that OEM’s declare as “irreparable” are, in fact, candidates for restoration.  More importantly, we’ve found that equipment/machinery can routinely be restored for approximately 70% of actual replacement cost!

Technical Recovery Solutions (TRS) offers property claim professionals the unbiased technical resources to adjust claims involving electronic equipment and machinery.  From the most basic computer systems to highly sophisticated medical diagnostic equipment, TRS provides Adjusters the analysis and documentation to adjust the claim in accordance with the policy, in a very deliberate and timely manner and keep the file closed once adjusted!

Tip #1 – Get expert help early if you want to maintain control of the loss!

Experienced property adjusters realize the importance of maintaining claim direction and control early in the claim process.  Especially true on commercial/industrial losses involving mission-critical assets, obtaining timely and accurate assessments is paramount for effective resolution of claims.  Seasoned claim professionals realize that claims involving technology or technical issues are optimally adjusted by specialized experts with an acute understanding of the recovery and insurance adjustment process.   TRS has established an unparalleled reputation for providing information and recovery services for effective and efficient claims settlement.

The boom of integrating electronic technology into every aspect of our life continues at breakneck speed. Everywhere you look, people are finding “must have” applications for new technology and hi-tech equipment.  Conversely, the replacement cost for electronics continues spiral down.  While it may be more efficient to simply replace electronics that are compromised by a loss incident on many claims (especially with “commodity” electronics like computer systems), you can’t make it a policy across the board without periodically experiencing a claim tumbling out of control over technical issues that nobody considered.  Especially true with legacy devices, custom configurations and non-stocked replacements, the cost of replacement pales in comparison to the unexpected expenses to acquire and integrate new technologies into older systems.

To overcome the challenges of effectively handling equipment and technology claims, Adjusters, are required to become highly knowledgeable and current of the electronics and equipment industry, or you rely on experts to minimize unjustified equipment claims.  Armed with the basics of equipment losses, adjusters can lessen the burden of following technology shifts and be confident that their chosen experts are competent and cost effective (justified).