To handle claims across multiple lines of business

North American Risk Services, a claims management firms, has set up a new office in Red Bank, New Jersey. The office will have an adjusting, sales and support staff and will handle claims across multiple lines of business.

The new office is is likely to begin operations on October 26, 2009.

According to the company, the expansion strategy has been designed around regional offices located near key customer centers and having an operation in the Northeast is part of that strategy.

Robert Ruryk, president of North American Risk Services, said: “The Northeast has always been an important market for NARS, but as our customer base in the region continues to grow, it is essential that we grow with it. By positioning ourselves in closer geographic proximity to our new clients and their carrier partners, we will be able to both expand and improve upon the economic savings and technical expertise we offer our customers.”

North American Risk Services provides claims, data and risk management TPA services to businesses, insurers, reinsurers and brokers throughout the US.