Hertz and First Notice Systems Team Up to Facilitate Insurance Replacement Car Rentals.Business Editors/High-Tech Writers BOSTON & PARK RIDGE Park Ridge, city (1990 pop. 36,175), Cook co., NE Ill., a suburb adjacent to Chicago, on the Des Plaines River; inc. 1873. It is chiefly residential. Several national and international corporations have their headquarters in Park Ridge. Nearby is O'Hare International Airport. , N.J.--(BUSINESS WIRE)--March 24, 2003 Ability to place auto insurance claimants in rental cars without delay increases policyholder Policyholder An individual who owns an insurance policy. satisfaction and reduces claims expense First Notice Systems(TM), Inc., the leader in claim reporting solutions for the insurance industry, and The Hertz hertz (hûrts) [for Heinrich R. Hertz], abbr. Hz, unit of frequency, equal to 1 cycle per second. The term is combined with metric prefixes to denote multiple units such as the kilohertz (1,000 Hz), megahertz (1,000,000 Hz), and gigahertz Corporation, the world's largest car rental company, today announced a strategic alliance that enhances the services insurance carriers can provide their policyholders when auto claims are reported. With the new alliance, insurance companies affiliated with First Notice are now able to offer a Hertz car rental reservation to policyholders who need alternate transportation when reporting an auto claim. The ability to reserve a car at the onset of reporting a claim eliminates the period most customers must wait for a claim adjuster to examine the customer's file. During this time, policyholders usually need to find an alternate means of transportation. Individuals who require an immediate solution often end up paying standard prices instead of the discounted rates their insurance carriers may have pre-negotiated with a car rental provider like Hertz. The joint solution between First Notice and Hertz, however, reduces claims-paid expenses and fills the void in customer service associated with such rentals. "This alliance allows auto insurance carriers to leverage complementary services that, when combined, can really assist policyholders," said Martin Aita, Director of Administration, Suburban Development for The Hertz Corporation. "Anyone who's been involved in a car accident knows that there's enough to worry about without considering how to find a rental car. Policyholders whose carriers use First Notice get prompt relief; a car is reserved at a Hertz Local Edition location as soon as they report their claim." "Some carriers worry about authorizing car rentals too early - before a claim is evaluated by an adjuster," said Jim Leightheiser, Vice President of Product Marketing for First Notice. "Our rules-based software uses the same decision-making process that adjusters use. It ensures that we only offer Hertz rentals to qualified claimants who have the appropriate coverage. In addition, we can limit the initial rental authorization period to last just long enough so that claim adjusters can follow up with policyholders to extend the rental as needed as needed prn. See prn order. ." The Integrated Service First Notice Systems call center representatives initiate car rentals with Hertz through an automated connection. Once a caller qualifies for a rental, he or she chooses the nearest Hertz Local Edition branch. First Notice immediately transmits the rental authorization request to that branch, which makes an outbound out·bound adj. Outward bound; headed away: outbound trains. Adj. 1. outbound - that is going out or leaving; "the departing train"; "an outward journey"; "outward-bound ships" phone call to the policyholder within one hour to finalize fi·nal·ize tr.v. fi·nal·ized, fi·nal·iz·ing, fi·nal·iz·es To put into final form; complete or conclude: "They have jointly agreed ... the rental details, including the type of car and pick-up time. When claim adjusters receive the first notice of loss report, they're informed that a rental has been authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: for an initial period. Adjusters can then access the web-based Hertz Insurance Replacement System to manage the remainder of the rental. Hertz Local Edition is Hertz's network of suburban car rental locations with more than 500 suburban branches across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The network offers a fast and convenient customer pick-up service and a wide variety of current car models. In addition, special insurance replacement rates and direct billing direct billing Managed care The submission of bills for services rendered–eg lab work directly to the party–ie Pt or financially responsible third party–insurance company, for whom the service was performed, rather than to the physician who ordered the test to insurance carriers are available. Backed by 24-hour emergency roadside assistance, this network embodies the Hertz reputation for quality. "Insurance policyholders contact First Notice in times of need," said Will Fulton, President of First Notice Systems. "By teaming up with Hertz we can, on behalf of our insurance clients, confidently offer them a value-added service A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. from a company known for treating customers with the utmost care. The combined service exceeds customer expectations and saves our clients money in the process." About First Notice Systems Founded in 1993, First Notice Systems (www.firstnotice.com) is the premier provider of claim reporting and customer service solutions to the insurance and healthcare industries. First Notice connects insurance carriers, third-party administrators and healthcare organizations with their customers through a combination of call center outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. services and rules-based Web technology. With headquarters in Boston, MA, First Notice Systems, Inc. is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Concentra Inc. Concentra is a leading healthcare company offering a broad range of products and services that provide quality patient care for work-related injuries and that manage the rising costs of healthcare and workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. . Concentra serves the occupational healthcare, group health and auto/liability markets. "Concentra" is a registered trademark of Concentra Operating Corporation (www.concentra.com). About The Hertz Corporation Hertz is the world's largest car rental company, operating from approximately 7,000 locations in more than 150 countries. Hertz Local Edition is Hertz's suburban network of rental locations with business, leisure and insurance replacement rates available as well as pick up and drop off service. |
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