Trumbull Services L.L.C. to Provide Subrogation Automation and Outsourcing Services for Dollar Thrifty Automotive Group
WINDSOR, Conn., Aug. 23, 2004 -- Trumbull Services L.L.C. announced today that they have entered into a multi-year agreement to provide their web enabled Subrosource(SM) Subrogation Software to Dollar Thrifty Automotive Group . DTG has an internal subrogation recovery operation, which consists of two locations, Toronto, Canada and Tulsa, OK. DTG was looking for a solution designed to enhance the subrogation decision process, as well as facilitate their anticipated growth while enabling them to achieve their financial and operational objectives.
Maureen Morgan, DTG's Director, Subrogation, states, "We selected Trumbull based on the company's reputation and demonstrated services. As a leader in their field, our hope is that Trumbull Services will assist us in achieving our goals including helping us improve results and productivity. Implementation went very smoothly as we went live on Subrosource this month, ahead of schedule."
"We are extremely pleased to establish this important relationship with Dollar Thrifty Automotive Group and to have an opportunity to contribute to its continued success and growth," said Stephen Francis, Chief Operation Officer of Trumbull.
Subrosource is a powerful business solution that offers a combination of user and management tools that provide a total solution to the claim subrogation process. The software streamlines the workflow process enabling companies not only to increase their recoveries, but also reduce the time and effort involved in the process. As a result, companies like Dollar Thrifty Automotive Group can achieve a significant return on investment (ROI) over both the short and long term. Trumbull hosts Subrosource, which speeds the implementation and makes the benefits available to clients in a quicker timeframe. Subrosource will provide Dollar Thrifty Automotive Group subrogation professionals with a valuable tool to maximize their loss recovery efforts.
About Dollar Thrifty Automotive Group
Dollar Thrifty Automotive Group, Inc. is a Fortune 1000 Company headquartered in Tulsa, Oklahoma. Driven by the mission, Value Every Time, the Company's brands, Dollar Rent A Car and Thrifty Car Rental, serve value- conscious travelers in approximately 70 countries. Dollar and Thrifty have approximately 800 corporate and franchised locations in the United States and Canada, and they have operations at most major airports. The Company's more than 8,000 employees are located mainly in North America, but global service capabilities exist through an ever expanding franchise network. For additional information, visit http://dtag.com/.
About Trumbull
Trumbull is a Windsor, Conn. based company providing business process outsourcing (BPO) and application service provider (ASP) solutions to the insurance industry. Insurance services and technology solutions include policy administration, subrogation recovery, premium billing, and premium audit. Trumbull, the Trumbull "t" design and "Subrosource" are service marks of Trumbull Services L.L.C. For more information about Trumbull, contact Beth Bartlick at 888-410-2963 x 73824, or visit its web site at http://www.trumbull-services.com/.
Some of the statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Dollar Thrifty Automotive Group, Inc. believes such forward-looking statements are based upon reasonable assumptions, such statements are not guarantees of future performance and certain factors could cause results to differ materially from current expectations. These factors include: price and product competition; economic and competitive conditions in markets and countries where the companies' customers reside and where the companies and their franchisees operate; airline travel patterns; changes in capital availability or cost; costs and other terms related to the acquisition and disposition of automobiles; costs of conducting business and changes in structure or operations; and certain regulatory and environmental matters. Should one or more of these risks or uncertainties, among others, materialize, actual results could vary from those estimated, anticipated or projected. Dollar Thrifty Automotive Group, Inc. undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.