X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The claim function is a key factor in the overall competitiveness of insurance carriers. Claims represent a significant portion of an insurer’s balance sheet, consuming nearly 80 percent of the premium in the form of claim payments or processing costs. And claim service is where the insurer is put to the highest test of satisfying or disappointing its customers. Why then is the claim process at so many insurance companies broken? More importantly, how can it be transformed?

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 © 2019 ALM Media Properties, LLC. All Rights Reserved.