THIRD PARTY ADMINISTRATION

Bridgewater has been handling TPA accounts Nationally and Regionally for Underwriters at Lloyds and the London Market, domestic insurers and self-insured entities since 1995 for the following lines:

  • Commercial Lines Property

  • Personal Lines Property

  • General Liability

  • Transportation Risks

  • Motor Truck Cargo

  • Motor Truck Physical Damage

  • Heavy Equipment

  • Warranty Programs

  • Aviation Ground Services

 

IMPORTANT INFORMATION RELATED TO TPA SERVICES

TPA accounts are subject to Service Level Agreements stipulated by our clients, with clients having the option of having real-time access to their claims.

For our Lloyd’s and London Market clients, Bridgewater is on file with CTIS’s London Market TPA Database, is Solvency II compliant and provides MI reports as required.

Bridgewater subscribes to ISO ClaimSearch for submitting and cross-checking property, physical damage and injury claims against the national database of property, vehicles and claimants that have been the subject of prior claims.

Bridgewater handles loss and claims payment accounts or direct payment requests to the client. Bordereaux and loss runs are submitted as requested.

Claim payees are cross-checked as required by the US Department of Treasury Office of Foreign Asset Control.

Bodily and Personal Injury claims are handled in compliance with the Center for Medicare & Medicaid Services requirements and procedures.