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Case Study | Top 20 Insurer Sees Cost Savings | Compex Legal Services

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data-widget-type="cell" data-x="0" data-w="12"> <div class="row-fluid-wrapper row-depth-1 row-number-2 dnd-row"> <div class="row-fluid "> <div class="span12 widget-span widget-type-custom_widget dnd-module" style="" data-widget-type="custom_widget" data-x="0" data-w="12"> <div id="hs_cos_wrapper_widget_1672807215312" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"><div class="solution-hero light" style="background-image:url(https://www.compexlegal.com/hubfs/Compex_Legal_Services_January2023/Images/614a87529e40a4d99c9e3002_highway-1.png);"> <div class="horizontal-hero page-center"> <div class="hero-block"> <h6><span>Customer Story</span></h6> <h1><span>Top-20 Insurer Realizes Substantial Cost Reduction Driven By Lower CNR Rates</span></h1> <p><span>Compex’s recent pilot with a well-known national auto insurance carrier delivered substantial improvements to speed and reliability of record retrieval, while improving productivity and employee satisfaction.</span></p> </div> <div id="CTA" class="form-container"> <div class="form-header">Get Your Copy</div> <div class="w-form"> <span id="hs_cos_wrapper_widget_1672807215312_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_form" style="" data-hs-cos-general-type="widget" data-hs-cos-type="form"><h3 id="hs_cos_wrapper_form_208698309_title" class="hs_cos_wrapper form-title" data-hs-cos-general-type="widget_field" data-hs-cos-type="text"></h3> <div id="hs_form_target_form_208698309"></div> </span> </div> <p> By submitting this form, you agree to our Terms and consent to receiving emails about Compex products and offers. See our Privacy Policy to learn about how we use your information. </p> </div> </div> </div></div> </div><!--end widget-span --> </div><!--end row--> </div><!--end row-wrapper --> </div><!--end widget-span --> </div><!--end row--> </div><!--end row-wrapper --> </div><!--end widget-span --> </div> </div> </div> <div class="container-fluid resourcerow2"> <div class="row-fluid-wrapper"> <div class="row-fluid"> <div class="span12 widget-span widget-type-cell " style="" data-widget-type="cell" data-x="0" data-w="12"> <div class="row-fluid-wrapper row-depth-1 row-number-1 dnd-section"> <div class="row-fluid "> <div class="span12 widget-span widget-type-cell cell_16728074336492-padding cell_16728074336492-margin dnd-column" style="" data-widget-type="cell" data-x="0" data-w="12"> <div class="row-fluid-wrapper row-depth-1 row-number-2 dnd-row"> <div class="row-fluid "> <div class="span12 widget-span widget-type-custom_widget dnd-module" style="" data-widget-type="custom_widget" data-x="0" data-w="12"> <div id="hs_cos_wrapper_widget_1672807433288" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module widget-type-rich_text" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"><span id="hs_cos_wrapper_widget_1672807433288_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_rich_text" style="" data-hs-cos-general-type="widget" data-hs-cos-type="rich_text"><h1>Have you achieved your efficiency and cost reduction targets for the quarter?</h1> <p>A top-20 national insurance carrier was unhappy with the high percentage of “Certificate of No Records” (CNR) or “No Records Statement” responses they were receiving, indicating that their previous vendor did not have strong processes in place to ensure diligent retrieval of all records. They approached Compex looking for a new partner with more advanced technology, processes, and capabilities to retrieve records more quickly and reliably.</p> <p>Over the course of a 90-day pilot, Compex helped the carrier hit their cost reduction and efficiency goals for the quarter by reducing claim cycle time and loss expense. 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