For the past two years, Aon has collaborated with more than 100 risk managers and 17 insurance company and TPA executives to take a deep dive into the entire claim review process to reevaluate best practices. (Credit: everything possible/Shutterstock.com)
Each year, risk managers at employers of all sizes, along with claim adjusters and other professionals at insurance carriers and third-party administrators (TPAs), invest an average of more than 1,000 hours on conducting casualty claim reviews. Unfortunately, even though all participants agree this is a necessary and valuable process, the results often fail to meet expectations.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 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.
