Claims Automation Can Solve A Costly Frustration
The claims process is a source of both great frustration and great opportunity. For policyholders, no matter how quickly they are compensated and made whole for a loss, it is never fast enough. Likewise, insurers become frustrated because they must settle claims quickly and accurately, keep customers happy, and control costspriorities that are often in conflict.
Yet, by using technology to automate components of the claims process, insurers can drastically reduce costs and enhance customer service and loyalty through faster, more accurate and professional claims service. In fact, the property and casualty insurance industry could save up to $30 billion annually by aggressively transforming the way it processes insurance claims.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
