Debt Recovery
Prospect Claims provide much more than a debt recovery service. Our experience in the motor insurance market enables us to understand and maximise the recovery potential for our clients. Our subrogated recovery product offers:
- People tracing
- Location of ultimate payers—often another insurer
- Assessment of ability to pay
- Pre-litigation reports
- Process Serving
We maximise the potential for viable recovery prospects through:
- In-house enquiries utilising external registers and databases
- Use of Field Operatives with local knowledge
- Speculative calls upon the recovery subject to:
determine residency or alternative means of serving proceedings
ascertain insurers details
obtain proposals for reimbursement
- Enquiries with neighbours
- Status report for pre-litigation considerations
- Liaison with insurers/brokers when identified
- Firm advice on future direction of enquiries
- Fast turnaround of enquiries and reports
Prospect are licensed under the Financial Services Act. We are registered with the Information Commissioner, and we comply with all regulations and guidelines.