In addition to the competitive environment in which insurance companies operate, these businesses are challenged by more stringent compliance with government regulations and increasing expectations on ...
Within the insurance technology industry, where innovation is rapidly evolving, companies are actively exploring cutting-edge tools to improve their approach to claims management. The emphasis on ...
When catastrophic weather hits or your insurance portfolio suddenly doubles, claims teams often feel the strain. Outdated systems buckle under pressure, cycle times stretch out, and claimants grow ...
Two very similar back injuries are covered by the same insurer, in similar companies, in the same state. In both cases, the companies worked hard to control costs. The final direct cost of one case ...
Some claims management companies have inadequate systems in place to differentiate between regulated and unregulated activity, the Financial Conduct Authority has said (Dominic Lipinski/PA) (PA ...
French startup Seyna is slowly building an all-in-one platform for insurance brokers so they can create, sell and manage insurance products from scratch. And the company is launching a new product ...
Condon Claims Management, a leading claims management advisory firms, has acquired US-based Marine Claims Associates LLC. The acquisition marks a strategic milestone for Condon Claims Management, ...
Within a claim environment, several key goals of analysis will emerge from a client’s claim fact find: The client’s contractual position; The likely claim requirements; and How should the claim be ...
FCA brings in fee cap for claims management firms saving consumers almost £10m a year - here's what's happening A cap on the fees claims management companies charge customers has been introduced by ...
The City regulator has raised concerns about some claims management companies (CMCs). The Financial Conduct Authority (FCA) said these firms might not have the right systems so customers know the ...