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Triage Management builds business with $2M round

December 12th, 2007

MELBOURNE, FL—Triage Management Services Inc. of Jacksonville, FL, has closed on a $2 million investment from Antares Capital Corp. Triage is a third party administrator for national property and casualty insurers, using a state-of-the-art Web-based information system to manage claims and monitor repairs.

Triage has developed a network of certified contractors who can respond quickly to needed repairs and offers an extended warranty on all work. Triage’s program allows insurance companies to offer their policyholders guaranteed and qualified management of work related to a claim.

Founded in 2004, Triage is led by Jay Southerland. Jay is a serial entrepreneur with a successful track record in this industry. He founded Prism Network, Inc. in 1994, a managed repair service that grew to serve 47 states through a network of over 2500 certified construction companies.

The company’s Web-based management system connects approved users, including the carrier, contractors, and Triage. They utilize the system to view all documentation associated with the claim, obtain status, and to obtain management information. The system is an internet-based system that can be accessed through the web.

Randy Poliner and Jon Kislak of Antares have joined the Company’s board of directors.

Poliner said, “The Triage crew has built a terrific platform from which to expand. They are making a real difference in customer satisfaction on behalf of their insurance company clients and eliminating a huge headache for policyholders when they suffer a loss.”

On the Web: www.triagenetwork.com

 

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