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Don't run your claims management on autopilot

Brokers and third-party administrators provide valuable service, but they aren't affected by the financial outcome like an insurance company is.

By Gary Jennings | Updated on February 24, 2016

Too many companies try to operate their claims programs on autopilot. This has never been more prevalent than today, when many companies and public entities have reduced the size of their risk management or claims departments.

The companies outsource more of these functions to “partner” organizations, believing they are looking out for the company’s well-being. While outsourcing might be the best ultimate solution for these companies, autopilot should not be the word that describes a firm’s program.

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