Press Releases

SUNZ Insurance Company Partners With CorVel Corporation

 

ST. PETERSBURG, Fla., May 12 /PRNewswire/ -- SUNZ Insurance Company announced their partnership with CorVel Corporation (Nasdaq: CRVL) today.  CorVel offers a wide range of services and programs to companies who provide workers' compensation solutions.

SUNZ, a rapidly growing workers' compensation provider, services Professional Employer Organizations, Staffing Companies and large companies.  Just recently, the company celebrated their five year anniversary by expanding their coverage area to include thirteen total states.  

CorVel has over 30 years of workers' compensation experience and provides comprehensive third party administration (TPA) programs to companies offering workers' compensation solutions.  They are committed to reducing workers' compensation costs through proactive medical treatment plans and programs that allow injured workers to return to work as quickly as possible.  Through this new partnership, SUNZ will generate much more efficiency.

CorVel's Claim Management Team follows a structured model in preparing claims.  They are the first company to offer a technology–based First Notice of Loss (FNOL) solution via the internet.  This smart processing program can determine and sort high priority claims, while effectively managing each case to prevent it from becoming complex or problematic.

Glen J. Distefano, COO of SUNZ Insurance Company said, "As we continue to grow and expand outside the state of Florida, the need for advanced technology becomes a necessary component to the success of our business model.  With CorVel, our insureds will have 24 hour access to all claims via CorVel's claims management portal, www.caremc.com, allowing for the timely exchange of information."

In addition to the structured model CorVel uses to manage claims, the company also provides an integrated program that includes proprietary medical bill review, case management and PPO Networks via local customer service supported by national resources.  

Distefano added, "CorVel is one of the leading Healthcare Management Companies in the country.  We are excited to partner with a corporation who has over 30 years of experience in the workers' comp industry.  Their expertise will allow them to provide educated and exceptional service to our clients."

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,454.83 1,317.82 2,837.53 17.45
Oil *
107.26
DOWN
74.92
DOWN
2.86
DOWN
1.85
DOWN
0.14
10 Yr
1.74%
SPDR Gold
152.68
-0.60%
-0.22%
-0.07%
-0.80%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet