Search
 

WEB EXCLUSIVE Looking Beyond Loss Ratio: Implementing a Continuous Quality Improvement Program

Editor's Note: As part of a new editorial approach, Claims will begin offering first-run, feature-length articles on our web site before they appear in our monthly print issue. These articles will be

By Mark Snyder | Updated on October 24, 2008

Editor’s Note: As part of a new editorial approach, Claims will begin offering first-run, feature-length articles on our web site before they appear in our monthly print issue. These articles will be clearly marked and are intended to expand the editorial breadth of the magazine while at the same time delivering even more useful and educational insights to our readers courtesy of experts in the field. We hope you find this extended coverage helpful.

For many P&C insurance carriers, 60-80 percent of premium revenue is allocated to claim indemnity and LAE payments. While loss ratio can be an effective barometer of claim performance, it doesn’t tell the whole story.

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?

NOT FOR REPRINT

© 2024 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.

Recommended Stories

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 © 2024 ALM Global, LLC. All Rights Reserved.