REM Growth in National Accounts Market Spurred by AIG Approval
Tuesday April 3, 12:17 pm ET

CRANBURY, N.J.--(BUSINESS WIRE)--Risk Enterprise Management Limited (REM), a national provider of property and casualty third-party administration (TPA) services, announced today that it has signed an accord with AIG and is now approved to provide TPA claim services to AIG customers. The approval follows AIG's stringent due diligence process that examined REM's national claim management capabilities, financial condition, and ability to transmit claims data through electronic interface with AIG's TPAIR process. The agreement has already resulted in two new accounts.

"We've invested strongly in building our front line claims and managed care services, RMIS, and account management practice to support national and global Risk Management customers, which have become our largest customer segment," said Mike Riney, President and CEO of REM. "We are honored by AIG's recognition of our capabilities, and look forward to extending REM's superior loss cost management and service solutions to AIG and our mutual customers."

Approval by AIG adds a significant partner to REM's list of approving carriers. In addition to AIG, REM is approved by all major carriers that unbundle claim management programs to TPAs.

Headquartered in Cranbury, N.J., REM (www.remltd.com) provides claims and managed care TPA services to Fortune 1000 businesses, insurers, reinsurers and brokers across the U.S. from 22 service office locations. Global customer services outside the U.S. are provided through a strategic alliance with Claims Management Group Limited.

Contact:
Risk Enterprise Management Limited
Matt Craig, 609-495-0020