New York, May 11, 2015 — QBE North America (QBE), Cozen O'Connor and its subsidiary, National Subrogation Services (NSS) are pleased to announce that, effective April 1, QBE entered into a contract with Cozen O’Connor and NSS to outsource the subrogation and recovery services for all of QBE’s property and auto claims. QBE, Cozen O’Connor and NSS have created a comprehensive, integrated system that reports all property and auto claims daily, enabling QBE’s commercial and personal lines insureds to receive an immediate investigation by Cozen O’Connor and NSS into the circumstances of each loss. QBE will be able to quickly identify all subrogation and recovery opportunities and maximize returns from responsible third parties for loss payments made by QBE to its insureds. At the same time, QBE insureds will be able to recoup their deductibles and any other uninsured losses.
QBE North America is part of QBE Insurance Group Limited, one of the largest insurers and reinsurers worldwide. QBE NA reported gross written premiums in 2014 of $5.3 billion. QBE Insurance Group’s 2014 results can be found at www.qbena.com. Headquartered in Sydney, Australia, QBE operates out of 38 countries around the globe, with a presence in every key insurance market. The NA division, headquartered in New York, conducts business through its property and casualty insurance subsidiaries. QBE insurance companies are rated “A” (Excellent) by A.M. Best and “A+” by Standard & Poor’s.
About Cozen O’Connor
Established in 1970, Cozen O’Connor has 575 attorneys with 23 offices across two continents, focusing upon subrogation and recovery, coverage, defense, and other insurance and commercial litigation matters. Cozen O’Connor is a full service firm, providing its clients with comprehensive legal services, including insurance litigation, corporate, real estate, labor and employment, intellectual property, regulatory and numerous other practice areas.
National Subrogation Services is a subsidiary of Cozen O’Connor, headquartered in Woodbury, N.Y., with more than 50 recovery analysts and recovery specialists in numerous locations throughout the United States. NSS serves as an outsource solution for investigation and pursuit of subrogation and recovery claims for small to moderate sized insurance claims.