AutoClaims Direct, ( ACD ) has been selected as a Finalist for Red Herring’s Top 100 Americas award, a prestigious list honoring the year’s most promising private technology ventures from the North American business region.

The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.

This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list an valuable instrument for discovering and advocating the greatest business opportunities in the industry.

“This year was very rewarding,” said Alex Vieux, publisher and Chairman of Red Herring. “There are so many great companies producing truly innovative and amazing products and technologies. We had a very difficult time narrowing the field and selecting the Finalists from such a group of future stars. AutoClaims Direct (ACD) shows great promise therefore deserves to be on the short list. Now we are faced with the difficult task of selecting the Top 100 winners.”

Finalists for the 2012 edition of the Red Herring 100 Americas award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the, security, Web 2.0, software, hardware, life sciences, cloud, mobile and other sectors completed their submissions to qualify for the award.

The Finalists are asked to present their winning strategies at the Red Herring Americas Forum in Santa Monica, California, May 21-23, 2012. The Top 100 winners will be announced at a special awards ceremony the evening of May 23 at the event.

In the first 4 months ACD has:

Reduced Cycle Times to  .36 days FASTER in 2012 vs. 2011

Increased alternative parts use: Up 2.4%

Added additional Quality Control Auditors with a wealth of industry experience to the team.

Added 3 new certified subrogation arbitrators to the staff.

Opened a new Carlsbad HQ and Training Center and coming next…..

a groundbreaking new technology solution and surprise in mid May!

AutoClaims Direct, a leader in claims services and technology to the Property & Casualty industry  wrapped up a three day audit meeting at the corporate offices in Carlsbad,CA.

Auditors from Arizona and California converged to connect  and review client guidelines as well as welcome several new members to the audit team. ACD’s Quality Control department has a group of experienced individuals from both insurance carriers and repair facilities. The combined experience meshed with ACD technology has created the most qualified audit team in the independent appraisal sector.

“Calibration meetings are great. Quality is what our clients are looking for and with our new additions, there’s simply no other company that can claim the depth an breadth of knowledge of our team. We’ve got an amazing group of people who have set the bar even higher in the industry” stated Ernie Bray, CEO of AutoClaims Direct. “With our centralized quality control methodology we are able to far exceed the service and accuracy of other firms who simply fill a desk. Our team works together to anticipate issues and resolve them quickly.”