About 2017-07-25T15:51:01+00:00

Our Unique Methodologies and Ideologies are Transforming The Insurance Collection Industry

BUSINESS PROCESS IMPROVEMENT

Insurers today are challenging their finance, underwriting, auditing, accounting and claims management teams to do things better, faster and at less cost. In the present day Commercial Insurance Revenue Management environment, there have been significant advances in Business Intelligence, Big Data Technology, Data Mining & Analytics. Brown & Joseph brings state-of-the-art information intelligence into our operations to achieve greater and faster net results for our clients.  In addition to providing more working capital and minimizing write offs, our clients experience noticeable reductions in their own accounting, underwriting, auditing and claims administration expenses due to our increased efficiencies. 

Insurance Resources & Libraries

We are the only known collection agency who maintains continually updated resource libraries of NCCI/SCOPES, ISO/PAAS underwriting and claims manuals and proprietary reference database  of thousands of sample standard ACORD policy provisions.  We have developed a unique multi-state internet access directory to verify various insurance coverage and bond status.        

Best Practices

Our insurance specialty segments are staffed with personnel proficient in respective lines of Property/Casualty and Life/Health coverages.   We have experts in revenue cycle management who have years of experience in the combined fields of Credit Risk Management, Probability Scoring & Analytics, Digital Collection Technology, Legal Collection Techniques, International Debt Collection Relations, Bankruptcy Servicing, Special Asset Investigations, and Debt Portfolio Acquisitions. Our Business Processes are continually evolving to challenge the status quo to ensure our status of having the Best in Class Best Practices.

Ease of Use

Our forte, whether it is a new global carrier or local insurer testing a pilot program or an existing client bringing on a new portfolio of business, is to ensure that the onboarding is seamless and simple and does not interrupt the client’s regular business workflow.  All resources are brought to bear and we spare no expense in adding staff to our client’s portfolios when needed to make certain that any extra influx work is handled expediently and efficiently.

Proprietary Resources & Protocols

We continually investigate alternate resources and methods to increase recovery and efficiencies.  How we have integrated ACORD application language, NCCI provisions and Work Comp Bureau statutes into the collection process has proven to exponentially increase recovery.  Our unique Work Comp Anonymous Non-Compliance Reporting is one of our most effective benefits.  Our proprietary directories for Workers’ Compensation Verification Portals, Department of Transportation Commercial Vehicle Coverage Verification Portals and how we use them are only two of the trade secret methods we have developed.

Guaranteed Top Performance

Brown & Joseph is the only collection firm that will analyze and evaluate premiums and claims collection portfolios and show you how to maximize the optimum recovery percentages. This level of analytics becomes the standard recovery percentage that can be guaranteed as a Portfolio Benchmark that can be forecast.

We Collect What Others Can’t

As a simple no risk test to prove our top performance ability, many companies will compile all of their unpaid and uncollected collection accounts that their current collection agencies did not recover and have Brown & Joseph evaluate the true recovery potential in the 2nd placement portfolio.  Brown & Joseph consistently is able to recover significant percentages from this uncollected bad debt. Most often our recovery results on 2nd placements will equal and may even exceed the performance results of the original collection agency who handled the files as 1st placements!  Our results objectively demonstrate that we can collect what others cannot.  Using business intelligence and analysis, with a two phased approach that engages the top insurance specialized collection agency, backed by our audit resolution resources and in house Law Office, Brown & Joseph enables our customers to optimize their capital for their business.

INSURERS MUST MAKE BETTER INFORMED DECISIONS SO THEY DON’T WASTE TIME OR MONEY OR MAKE COSTLY MISTAKES OR MAKE CHANGES THAT DON’T WORK.


Brown & Joseph has worked with some of the brightest minds in Revenue Cycle Management, certified CPCU, ARM, ARe, AIS professionals and many of nation’s top insurance experts over the course of the last 20 years. l

We have learned a lot and we have hired some of those experts to work with our clients full time. 

This allows for continually elevated learning and increased expertise using the most effective collection methodologies in the specific lines of businesses we serve.

DETERMINING WHAT YOUR COMPANY SHOULD DO TO IMPROVE IS NOT SIMPLE, BUT YOU CAN SPEED UP THE PROCESS


Today’s insurance community and faster paced business world requires that carrier, agent/broker, MGA/MGU, Reinsurer, Premium Finance and TPA  workflow process moves from A-Z in the most streamlined manner.

To meet today’s challenges you need to investigate what other insurers have done to gain solutions.

Learn from experts how others have tested Key Performance Indicators (KPIs) in Key Results Areas (KRAs) to improve both process and revenue.

EXPERIENCED, KNOWLEDGEABLE, SUCCESSFUL BUSINESS PARTNERS

 Global Insurance Revenue Recovery Solutions Providers

Aligning Our Commercial Insurance Recovery Expertise With Your Receivable Objectives

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LEADING MINDS. LATEST PUBLICATIONS.

NAMIC Welcomes Newest Associate Member

July 25th, 2017|0 Comments

FOR IMMEDIATE RELEASE NAMIC Welcomes Newest Associate Member ITASCA, IL – July 13, 2017 Brown & Joseph, Ltd. is [...]

NCCI Second Placement Program

July 25th, 2017|0 Comments

Brown & Joseph, Ltd. is the nation’s only collection agency dedicated to insurance creditors. We are an approved vendor [...]

Insurance Finance Executives Ask Collection Firm To Create Online Platform For Their Industry

June 8th, 2017|Comments Off on Insurance Finance Executives Ask Collection Firm To Create Online Platform For Their Industry

FOR IMMEDIATE RELEASE ITASCA, ILLINOIS – Brown & Joseph, Ltd. is unveiling the nation’s only collection agency site dedicated [...]

Press Release SSAE16

March 31st, 2016|Comments Off on Press Release SSAE16

Brown & Joseph, Ltd. Completes Statement on Standards for Attestation Engagements No. 16 (SSAE 16)   ITASCA, IL March [...]