CAMBRIDGE INTEGRATED SERVICES
Greenwich, CT, October 22, 2007 — Cambridge Integrated Services, the leader in innovative claims and risk management services, and subsidiary of Cambridge Solutions Ltd., announced today that it ranked third on a distinguished list of the nation's top Third-Party Claims Administrators in Business Insurance's 2007 Readers Choice Awards. Business Insurance, an illustrious newsmagazine serving executives responsible for the purchase and administration of commercial insurance and self-insurance, asked its readers to nominate companies they believe bestow the highest levels of service, value, quality and innovation across the industry.
“To be nominated by a large list of prominent executives as one of the key players in Claims Administration is an extraordinary feat of accomplishment since our departure from Aon Corp just two years ago," said Wesley O'Brien, President of Cambridge Integrated Services. "In that short time, we have established ourselves as a world class company in Claims Administration, reinforcing our dedication and commitment to the industry.
"Cambridge Integrated Services attributes its rapid success to its real time audit scoring systems and best practices in new hire and certification training procedures. Since 2006, Cambridge Integrated Services has distinguished itself as the leader in tracking service metrics in an automated fashion across all claims. This unique approach to handling claims allows real time visibility to the key service metrics that drive improved claims handling through tactical rapid response techniques.
"Business Insurance readers were invited to vote for the industry companies they believe provide the best combination of service, value, quality and innovation. The third-party claims administrator category is an important one for both insurance companies and employers that self-fund risks and benefit programs," said Regis J. Coccia, editor of Business Insurance. "Cambridge Integrated Services was selected as one of the industry leaders by readers who increasingly view TPAs as strategic partners in achieving their business goals."
About Cambridge Integrated Services
Headquartered in Greenwich, Connecticut, Cambridge Integrated Services, a subsidiary of Cambridge Solutions Ltd., is one of the leading independently owned property and casualty claims and risk management services providers. Cambridge serves Fortune 500 self-insured employers, insurance carriers and public entities in the U.S., Europe and Australia. Claims services span workers' compensation; general, auto, professional and product liability; property and assumed/ceded reinsurance. Cambridge also offers a wide array of specialty risk management services including outcomes management and audit consulting, managed care, special investigations, structured settlements and subrogation/recovery services.
About Cambridge Solutions Ltd.
Cambridge Solutions Ltd. (USHQ: Greenwich, CT.) is a strategic global outsourcing firm with deep expertise in:
The company employs more than 4,400 professionals serving customers on four continents through more than 60 locations worldwide. With offices in the U.S., Europe, India, Singapore and Australia, Cambridge serves Fortune 500 firms, insurance and financial services companies, and public entities around the world. The company’s BPO subsidiary was named one of the top three best performing BPO companies by Global Services media and neoIT in 2006 and 2007, ranked as one of the top three leaders in human capital management, and ranked as the 28th leading outsourcing company in the world in the International Association of Outsourcing Professionals (IAOP)’s “2006 Global Outsourcing 100” list, that appeared in a special advertising section in Fortune magazine. The company is listed on the major stock exchanges of India (BSE, NSE, MSE & ASE) under the ticker “CAMBRIDGE”. For more information, visit: www.cambridgeworldwide.com.
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