ARI Partners With CBC National, Inc. To Form Success-Squared (S2) For Subrogation and Salvage


MT. LAUREL, N.J. , Oct. 25, 2004 (PRIMEZONE) -- Automotive Resources International (ARI) announced its partnership with CBC National, Inc. to form Success Squared (S2), a new enterprise targeting the Insurance and Subrogation Industry.

Success Squared (S2) was introduced by ARI and CBC National, Inc. at the National Associated of Mutual Insurance Companies (NAMIC) 109th Annual Convention in Washington, DC on September 19-21. Its mission is to aggressively pursue "lost" subrogation dollars and to maximize salvage sales opportunities.

According to Tony Klym, ARI's Business Development Manager, Success Squared (S2) has found that the insurance industry and many self-insured entities recognize that subrogation collections and salvage - auto, marine, and property - are not at the levels they should be.

"S2 is unique in offering a consolidated service comprising all forms of subrogation and salvage sales," notes Klym. "We offer one system for both subrogation and salvage to add the ultimate control and maximize collections."

For over 55 years, ARI has been the largest family owned vehicle fleet leasing and management company in North America, offering the industry's most complete array of fleet services. Today, ARI has more than 450,000 vehicles under customized fleet management programs designed to complement each customer's in-house capabilities. ARI is a wholly-owned subsidiary of Holman Enterprises.

CBC National, Inc. one of the top subrogation companies in the country with 15 years experience, an insurance recovery firm based in Saddle River, NJ. CBC is an industry leader specializing in all aspects of recovery. They provide core programs to support and assist insurance and risk management departments in achieving their goals. The company has been unparalleled in its approach to customer service, leveraging claims specialists solely trained as subrogation recovery experts who consistently are updated on negotiation, trends, and industry benchmarking.



            

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