Northbrook, Ill. — The Collision Industry Electronic Commerce Association (CIECA) completed and published its eighth BMS Standards Release, 2007R2. Part of this new release is the subrogation assignment message.

"Development of the subrogation assignment is a milestone for CIECA,” says Fred Iantorno, CIECA executive director. "It represents the first standard developed as a direct result of CIECA strategic initiatives. Until the 2007R2, the BMS standards addressed collision industry issues solely. One of CIECA strategic initiatives is to expand into other claims processing areas."

Tangential to collision claims processing, the information and data collected during the repair process, such as estimates and invoices, are part of subrogation documentation, Iantorno says.

"The subrogation assignment message addresses an important industry need; to enable standardized electronic interactions between carriers and vendors," says Alan Aleia, CIECA subrogation committee chair and independent consultant to the insurance industry on subrogation and claim automation matters. "This will save time and expense for all involved parties and ultimately improve policyholder service."

Source: The Collision Industry Electronic Commerce Association

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access