Consultant To P-C Insurers: Focus On Claims
NU Online News Service, Jan. 23, 11:38 a.m. EST?A 12 percent savings in claims costs by U.S. property-casualty insurers would translate into a $30 billion-a-year reduction, according to estimates by an international consulting firm.
New York-based A.T. Kearney, a subsidiary of EDS, said it made that projection following its effort to assess the impact of the Sept. 11 terrorist attacks on the insurance sector as part of the New York City Partnership's Economic Impact Study.
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