On Wednesday, June 3, 2009 during the 13th Annual ACE America's Claim Event, John Foster accepted his award for being named the 2009 Claim Professional of the Year. The award, which is sponsored by New England law firm Smith & Brink, P.C. and Claims Magazine, recognizes overall excellence in the claim-handling arena.
Recipients have demonstrated an earnest commitment in upholding the integrity of solid industry practices while actively seeking ways to improve claim processes. A glowing nomination form and an impressive track record of innovation indicated that Foster embodies these ideals, and Lauren Wilkins, shareholder and managing director of Smith & Brink, and Eric Gilkey, editor in chief of Claims Magazine, were all too happy to bestow this honor on such a worthy individual in front of a full crowd in the Roman Ballroom of Caesars Palace, Las Vegas.
"I'd like to say that selecting this year's Claim Professional of the Year was difficult," said Gilkey. "However, John's record of implementing customer service and continuing education initiatives -- not to mention his ability to create a dynamic and engaging work environment -- positioned him as the candidate to beat from the beginning of the process. His leadership and dedication serve as an example for others in the claim industry to follow, so we're very pleased to recognize his efforts with this award."
Foster is the vice president of claims at Farmers Alliance Mutual Insurance. His career in P&C claim management has spanned more than 20 years, and he has attained both AIC and CPCU designations. While at Farmers Alliance, Foster has illustrated how one person with a passion for continuous improvement, efficiency, fair and ethical handling, and customer-centric operations can improve processes and leverage resources for carriers of even modest sizes and budgets.
In the nomination letter, Brian Schmidt at Farmers Alliance Claim Department said that Foster has raised the bar for claim handling by working smart, leveraging resources, including tools, technology, and people, to transform Farmers Alliance's claim department from a paper-based organization to one that is nimble enough to adopt and leverage technology for faster, more efficient, accurate, and customer-centric claim management.
"John is always staying ahead of the curve," Schmidt said. "Adoption of various technologies has created a comprehensive view of all claim information and tasks, so adjusters can now manage their day-to-day action items, perform financials, document activities, and manage contacts and vendors without duplicative entry or accessing a number of confusing and disparate systems. Automated business rules, action items, and notes now do the simple but time-consuming tasks, freeing Adjusters to make the right decision for the customer quickly, accurately, thoughtfully, and fairly. This is but one example of the many ways John uses technology to improve claim handling. His willingness to assume risks, compel others to see a new way of doing things, and do more with less have resulted in significant savings. In some areas, this has meant reducing the amount of time spent on non-value added activities by half."
Schmidt went on to mention that Foster has been instrumental in the creation of a separate subrogation unit, which helped to provide focused attention on subrogation opportunities and resulted in increased recoveries.
"Claims in any company of any size is always looking for ways to improve efficiencies, effectiveness, and accuracy," Schmidt added. "John has made this vision a reality through his exceptional ability to find opportunities, put people first, and create an environment for us all to excel."
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