Triplus News

Ability Resources Relaunches as TriPlus Services, Inc. and Announces New CEO

New Corporate Brand and Leadership Drive Transformation for Innovative Provider of Administration and Management Solutions for the Insurance Industry

Framingham, MA – (November 17, 2014) – Ability Resources, a leading provider of full-service insurance management solutions, today announced a new name for the company – TriPlus Services, Inc. (“TriPlus”) – and on November 10, 2014, Peter Paul Lucas has joined the company as Chief Executive Officer. The new brand and leadership team addition, underscores the company’s ongoing commitment to helping its clients improve performance, increase value, and operate more efficiently and effectively.“It’s an exciting time for our company, as our people, technology and solutions are well aligned to meet the needs of a rapidly changing industry,” said Donald M. Charsky, FSA, MAAA, Executive Chairman and co-founder of TriPlus. “Having recently divested our affiliated insurance and reinsurance entities, the rebranding of the company provides a clear focus on our full-range of services for insurers, reinsurers, and capital providers. It also highlights the unique nature and flexibility of our services and how we partner with clients.”

Peter Paul Lucas brings a wealth of industry experience and adds additional depth to a strong leadership team, further enhancing the firm’s ability to deliver exceptional results. He is recognized as a trusted leader with a clear sense of purpose who encourages simplification of complex solutions. A 25-year GE and Genworth Financial veteran, he served most recently as Senior Vice President, LTC Distribution for Group and Financial Institutions with Genworth Financial.

“I am delighted to join TriPlus, and look forward to working with the skilled and experienced team,” said Peter Paul Lucas, Chief Executive Officer. “It is clear that everyone at TriPlus is focused on delivering high-quality service to its clients and partners.”

Headquartered in Framingham, MA, and with operations at locations throughout the United States, TriPlus provides comprehensive administration support and targeted services in:

Policyholder Administration
Claim Management/Payment
Rate Increase Support
Transaction Evaluation and Execution
The company’s industry-leading technology platform provides accurate data and clear visibility into current performance and improvement opportunities.

About TriPlus Services, Inc.

TriPlus is accredited and rated “A+” by the Better Business Bureau. To learn more, please visit the company’s corporate website at www.Tri-Plus.net. For contact information, please contact Donald Charsky, 978-261-3047, dcharsky@Tri-Plus.net or Daniel Cathcart, 860-269-4838, dcathcart@Tri-Plus.net.