We specialize in the insurance industry.
Wexford is a national firm specializing in collections for the insurance industry. As solid Midwesterners, we recognize that collecting is all about work ethic, tact, tenacity, and persistence. We create value by delivering solutions and results to our clients.
The process goes beyond a simple transfer of files. We have confidential, user-friendly tools to give you real-time information regarding; who we talk to, the account status, payment remedies, and final results.
Wexford knows the collection landscape and the expectation you have of those entrusted to recover your money.
When other collection agencies say they're the best, we get to work. While others say they're the biggest, we get results. Other agencies may work hard for your account. We work harder once we get it. What matters is our actions the next day. And the next. And the days, weeks, and months that follow.
We understand complex contracts.
We also understand the dynamics associated with collecting:
- Unearned commissions
- Earned premiums
- Negative balances
- Audit balances
- Agent chargebacks
- Premium finance
- Lead balances
Fully Certified & Compliant
We are committed to and fully certified in the highest levels of professional standards in our industry. This includes all areas of receivables management, accounting, and data security compliance.
We'll work closely with your finance teams to help solve your cash flow challenges. We dig deeper than just debt—we believe in taking a holistic approach to your fiscal management.
Credit Policy Refinement
We analyze your policies and cash flow patterns and help you refine them to strengthen cash flow cycles.
We provide referrals, mediation, and coaching for improving your cash flow processes.
We help implement real-time KPIs into a convenient dashboard so you can track progress and measure improvement.
Cash Flow Strategy
We deliver analysis, rationale, and a clear roadmap for strong and sustainable cash flow.
Collection & Litigation Solutions
Rapid Creditor Analysis
We provide you with an in-depth review of your debtor’s credit reports and past payment patterns. A debtor’s credit and payment history are important to understanding possible reasons for an unpaid account.
We tailor our approach so you can maintain a strong, healthy relationship with your customer. Once we gather information, we plan the proper, most efficient steps to take for a successful collection.
Our transparent reporting gives you real-time access to all activity, anytime and anywhere. Our reports cover debtor progress, investigation notes, and you can even listen to recordings of our collection phone calls.
Our system maximizes efficiency with predictive and optimum contact timing. We also have collected over three decades of debtor data and paying patterns so our intelligence insights can even help you identify future payment issues.
Join 350 other companies who trust Wexford.
We currently partner with over 350 other companies in the agriculture and insurance industries, from large to small, we have the experience and dedication to help you recover the funds that are so vital to your business.
Wexford and James is our collection agency of choice. Their staff understands our business of outstanding insurance debt better than other collection agencies that we have worked with in the past. The staff is knowledgeable and professional. They are responsive to our inquiries and provide us with frequent, informative communication
- Property & Casualty Insurance Company