X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Innovative, unique best practices are the cornerstone in establishing a competitive advantage in the claim marketplace. Organizations that want to achieve and sustain a leadership position are demanding claim systems with powerful customization capabilities, which enable them to tailor the software to meet the needs of their proprietary claim strategy.

At one time, policies and procedures for making day-to-day claim decisions were hard-coded into a claim system. Changing a process meant re-tooling the software, a task only a programmer could perform. In today’s business climate, organizations must respond quickly, without waiting for IT assistance. These organizations need the ability to implement process changes on their own and on the fly.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.