LAWRENCEVILLE, NJ--(Marketwired - May 18, 2015) - Verus Claims Services, LLC, a leading administrator of mass tort cases, class-action settlements, and bankruptcy trusts, today announced the appointment of Matthew Urbanovich as Director of Business Development. In this newly created position, Mr. Urbanovich will be a key player in Verus' expansion beyond its core asbestos segment into the broader class action and mass tort markets. He is based in the firm's Lawrenceville, NJ headquarters.

"Matt comes to Verus with more than 10 years' experience in the financial settlements industry," said Daniel P. Myer, a Principal and co-founder of Verus. "His strong background in business development makes him a key member of our senior management as we extend our core focus beyond the asbestos segment to meet the needs of clients requiring class action or mass tort settlement fund administration."

"This is an exciting time to be a part of the Verus team," added Mr. Urbanovich. "The skills and expertise that the firm honed as the leading claims administrator for bankruptcy trusts and litigation in the asbestos segment lend themselves well to a variety of litigation support needs and most importantly, serve clients well through operational effectiveness, impressive responsiveness and a focus on controlling costs."

Prior to joining the firm, Mr. Urbanovich was with The J.G. Wentworth Company for over a decade. He held positions of increasing responsibility in business development with J.G. Wentworth as well as subsidiaries Peachtree Financial Solutions and F.S. Gerard. He studied International Relations, Spanish and Japanese at Lehigh University.

About Verus Claims Services, LLC
Founded by a group of dedicated professionals with a wealth of experience administering large volumes of complex claims, Verus has a highly skilled team and a proprietary software application that make it uniquely capable of processing vast amounts of data and documents quickly and efficiently. At Verus, our clients are more than just customers -- they are our partners, and as such we take their business goals and objectives to heart. For more information on how we can help you, please contact Matt Urbanovich at 609.466.0427 ext. 1034 or at info@verusllc.com.

Contact Information:

Media Contact:
Rosalia Scampoli
Marketcom PR
212-537-5177, Ext 7
rscampoli@marketcompr.com