Ongoing Administration

Paragon can fully administer the SIR process, performing the invoicing and recovery of claims administered by internal defense counsel while tracking claims being administered by external defense counsel. Carriers will benefit from having a centralized, controlled process with complete transparency at both a micro and macro level.


Paragon can perform ongoing monitoring to identify when a carrier has made a payment prior to the SIR being fully satisfied. Once identified, Paragon will communicate with the carrier to either void the payment and/or ensure that further payments are not made.


Using its proprietary software, Paragon can identify claims where the retention was not satisfied. Using a combination of the carrier’s claims system and vendor fees, Paragon will identify potential SIRs missed and then present them back to the customer. Once approved, Paragon can then invoice and recover the missed SIR on behalf of the carrier.

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