Recoveriescorp

History

Foundations were laid in 1991, when tax accountant David Mond and solicitor Leon Sholl formed Exclusive Mercantile Agency Pty Ltd to address claims leakage in the insurance industry. The company quickly evolved into one of the leading insurance and general recovery agents in Australia.

Managing Director, David Mond and Solicitor Director, Leon Sholl are still closely involved in the day-to-day operations of the business and continue to inspire the group to innovate and grow.

 

Timeline

2015

Recoveriescorp wins the ANZIIF Service Provider to the Insurance Industry Award.

 

2014

Recoveriescorp wins the prestigious NAB Supplier Awards in the Product/Service Excellence category.

 

2013

Recoveriescorp wins the ANZIIF Service Provider to the Insurance Industry Award.

 

2011

Recoveriescorp celebrates its 20 year anniversary.

Recoveriescorp expands its operations to Suva, Fiji.

 

2010

Recoveriescorp is successful in obtaining its first major telecommunication contract.

Recoveriescorp manages its first Debt Purchase Ledger contract.

Recoveriescorp wins the ANZIIF Service Provider to the Insurance Industry Award.

 

2009

Recoveriescorp is a finalist in the ANZIIF Service Provider to the Insurance Industry Awards.

The Directors of the Recoveries Corporation Group Ltd invest in Nimrod Finance Pty Ltd, a debt purchasing service provider.

 

2008

Reminder Calls Pty Ltd, a subsidiary of the Recoveries Corporation Group is born to diversify operations.

 

2006

RCL Mercantile Pty Ltd is re-branded Recoveries Corporation Pty Ltd.

 

2005

After launching successfully into the banking and finance sector, recoveriescorp is awarded its first major government contract.

 

2004

Recoveriescorp is awarded its first major Banking and Finance client.

 

2003

Mason Black Lawyers established an office in Sydney.

 

2002

Exclusive Mercantile Agency Pty Ltd is re-branded RCL Mercantile Pty Ltd.

 

2000

Recoveriescorp recognises the need to diversify its business model from insurance and expands into general receivables management.

 

1999

Exclusive Mercantile Agency purchases the ACS (Accounts Collection Software) System to develop as its proprietary software.

 

1995

The recovery model is expanded with a new strategic direction: a specialist insurance recoveries business branded Insurance Recoveries Australia.

 

1992

Exclusive Mercantile Agency Pty Ltd creates its own cost-effective recovery model that helps insurers reverse ‘claims leakage’ problems, particularly through audits of finalised files.

 

1991

Founders David Mond and Leon Sholl identify a ‘claims leakage’ problem in the insurance industry and create Exclusive Mercantile Agency Pty Ltd to meet the needs of Insurers.