Best Practices Research recently completed a study with 14 companies, including industry leaders such as Abbott Labs, Sun Microsystems, and Fujitsu, to uncover best practices and benchmarks for insurance risk-management programs. As manufacturing processes change rapidly with technological innovations, many Fortune 500 companies are restructuring insurance risk-management functions to keep up with their constantly changing level of exposure.
Key findings from the research include:
92 percent of participants outsource some or all of their claims processing
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