Florida-based eAutoclaims, a provider of managed collision repair services and insurance claims processing technology applications, reported the recent claims volume processed by the company for the quarter ending Jan. 31, 2006, experienced meaningful growth in the company’s Special Market Division in number of claims processed. The added claims volume was a result of the co-marketing agreement with ADP Claims Services Group.
The company has commenced the rollout of a second top insurance company under the co-marketing agreement with ADP Claims Services Group, which was previously disclosed in an 8K filing on Feb. 2, 2006.
eAutoclaims has also initiated the rollout of an additional insurance carrier with similar potential, which is the result of a direct sale by the company. While the company does not provide financial guidance at this time, the recent engagement announcements have required additional staff levels and training investments, but are expected to have a meaningful impact to the company’s financial results over the next 6-12 months.
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