Great Prairie Risk provides uncompromising services in the following areas:

General Liability Claims Handling – Great Prairie Risk provides claims investigation, evaluation, reporting, negotiation and resolution by seasoned adjusters with years of experience in the real estate sector, but it doesn’t stop there. We have experienced trial attorneys that oversee the claims handling process. Our attorneys serve as Account Executives and develop strategies at the onset of the claims process in order to keep our clients’ overall cost of loss to a minimum.

Litigation Management – Great Prairie has distinguished itself in the industry with its litigation management services. Attorneys with decades of premises liability experience work on your behalf to create and implement effective and efficient defense strategies. We have saved our clients significant amounts by achieving settlements well below outside counsel estimates. We oversee and interact in the defense process to ensure that litigation is going as planned, without unnecessary billing and tasks being performed. We also attend mediations, court ordered conferences, pretrials and trials on behalf of our clients, when requested.

Attorney Invoice Review – Great Prairie Risk attorneys and paralegals implement outside counsel billing guidelines and review attorney invoices on a monthly basis, saving our clients significant amounts on the cost of litigation. The individuals involved in this process have actually billed time at law firms and know what are reasonable and acceptable tasks and time entries for those tasks. Other claims companies either do not have the ability to challenge time entries, or are uncomfortable doing so. This results in what is known as “rubber stamping” of fees and costs. This service is offered as part of our litigation management model, or offered as a stand- alone service to accommodate our clients’ needs.

Subrogation / Loss Recovery – Great Prairie Risk provides uncompromising loss recovery efforts when our clients’ property has been damaged or destroyed by third parties. Our dedicated subrogation team is able to recover funds for our clients when others cannot. The relationships our team has established within the insurance industry results in increased recoveries for our clients.

“Working with Great Prairie Risk has drastically increased our ability to quickly investigate and review incidents that occur at our sites so we can efficiently and effectively manage claims.”

Geoff F – Client

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OUR SERVICES


  • Nationwide claims handling
  • General liability claims handling
  • Uninsured claims handling
  • Litigation management/legal invoice review
  • First party property loss tracking and adjusting
  • Subrogation recovery

VALUE ADDED SERVICES


  • Accounts are managed by seasoned premises
    liability trial attorneys
  • Dedicated claims specialists on each account
  • Constant communication between in – house attorneys and claims specialists
  • Clients and brokers are integral part of claim
    decision process
  • We view ourselves as an extension of risk
    management

OUR CLIENT BASE


  • Over 1,000,000 apartment units
  • Over 125,000 single family rental homes
  • Over 370 manufactured home communities
  • Over 100 enclosed and open air shopping malls
  • Multiple hotels, resorts, and nightclubs, including gaming operations
  • National Food Processors and Distributors
  • National Product Manufacturers
  • Multiple commercial office locations
  • Multiple mixed use facilities

RMIS CAPABILITIES


  • System–iVOS by Ventiv Technologies
  • Integrated browser based software used by thousands of risk and claims professionals
  • Client data is fully hosted by Ventiv and SOC 1certified
  • Online access by clients and brokers 24/7
  • Endless options for generating reports, and we provide an unlimited number of reports as part of our client relationship

APPROVED CARRIER LIST FOR TPA SERVICES

  • Ace Insurance
  • AIG/ Chartis
  • Allied World Assurance Company
  • AmTrust
  • Arch Specialty Insurance Company
  • Aspen Insurance
  • AXIS Insurance
  • Berkshire Hathaway Specialty Insurance Company
  • Burlington Insurance Company (IFG Companies)
  • Catalina Re
  • Chubb
  • Cincinnati Insurance Company
  • Endurance Insurance
  • Everest Re
  • Farm Bureau Insurance
  • First Mercury
  • First Specialty
  • Golden Bear Insurance
  • Hallmark Insurance
  • Hartford Insurance
  • HISCOX Insurance
  • HCC Insurance
  • Interstate Fire & Casualty
  • James River Insurance Company
  • Lexington Insurance
  • Liberty Surplus Insurance Corporation
  • Nationwide Insurance
  • Navigators
  • Old Republic
  • QBE Insurance
  • Scottsdale insurance
  • Sompo Insurance
  • Starr Indemnity
  • Texas Insurance Company
  • United Specialty Insurance Company
  • Zurich

WHAT ARE THE COSTS ASSOCIATED WITH THESE SERVICES

Current Pricing Schedule
General Liability Claims Handling (pricing is for life of claim)
Bodily Injury$700
Property Damage$500
Incident only$125 (Negotiable)
First Party Property Damage Claims (tracking of loss amounts without detuctible)
Per Claim Fee$500

Lump sum pricing is also available for allocation of
TPA fees along with premium at policy inception.

Runoff Claims Handling (pricing is for life of claim)
Per Claim FeeNegotiable
Litigation Management and Legal Invoice Review
Per Lawsuit fee$200 (per month)
Subrogation/Recovery on First Party Property Losses
Per claim (Tiered) Fee:
20% of the first $100,000 recovered, plus
18% of the next $150,000 recovered, plus
15% of the remaining funds recovered