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Paragon Subrogation Services

Paragon Subrogation Services

Paragon Subrogation Services, Inc., a privately held California corporation, was founded in 1995 with a goal of providing quality multi-line subrogation and arbitration outsourcing services to self-insured entities and insurance carriers. Paragon offers superior value, outstanding service, and impressive net recoveries while eliminating the costs associated with in-house subrogation. 1995 - Ani Naccachian, a pioneer in the outsourced subrogation industry, founds Paragon Subrogation Services to provide uninsured motorist and arbitration services to leading insurers. 1997 - Paragon recovers the first $1 million for our clients. 1997 - Paragon audit results achieve 100 percent accuracy on client audits. 1998 - Paragon is one of the first outsourced companies to join The National Association of Subrogation Professionals. 1999 - Paragon recovers $10 million for our clients. 2001 - Paragon expands services to include litigation files. 2002 - Paragon doubles our office space to account for business growth. 2003 - Paragon receives our 5-year certification from the National Association of Subrogation Professionals (NASP). Paragon becomes the only company allowed to advertise as "E-Speed Specialists." 2003 - Paragon files more than 14,000 arbitration files on behalf of our clients. 2003 - Paragon becomes the largest filer of third-party arbitration claims with Arbitration Forums. Paragon ranks third in the total industry, behind State Farm and Allstate. 2003 - All Paragon arbitration specialists are named Arbitration Forums panelists. 2004 - Paragon implements a system allowing our clients real-time access to their files, 24 hours a day. 2004 - Paragon recovers more than $20 million for our clients. 2005 - Selected by Arbitration Forums to beta-test the latest version of high-speed online arbitration filing system, generating significant time savings and improving cash flow for clients. 2005 - Paragon Subrogation Services celebrates its tenth year in business. 2006 - Paragon launches our MedPay division with an industry-leading insurance carrier. 2008 - Paragon enhances our online, real-time client portal to allow clients to both read and place notes within individual files. 2009 - Paragon enhances our reporting system to enable clients to run online statistical analyses of files placed with us. 2010 - Paragon Subrogation Services celebrates 15 years of business, continuing to be the nationwide leader in the subrogation industry. 2013 - Paragon Subrogation Services upgrades to new state of the art web based client access system. 2014 - Paragon Subrogation Services receives Woman Owned Business Certification from WBENC, the industry standard for third-party certification. 2015 - Paragon Subrogation Services celebrates its twentieth year in business. 2016 - Paragon increases office space to keep up with business growth.

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About Paragon Subrogation Services

Founded

1995

Estimated Revenue

$10M-$50M

Employees

51-250

Funding / Mkt. Cap

$350K

Category

Sector

Financials

Industry Group

Insurance

Industry

Insurance

SIC Code

73

NAICs Code

561

Location

City

Chatsworth

State

California

Country

United States

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