Forecasts indicate that claims executives will likely hire plenty of adjusters this year. That hiring will require a considerable investment in formal and on-the-job training. The longer it takes, of course, the more it costs. Inexperienced adjusters — or even seasoned adjusters who don’t have experience with a new employer’s claim-handling policies — can miss [...]
bodily injury
Claims adjusters need to make claimants whole. They also need to reach a closure rate of 100 percent and still find cases of comparative liability. The balancing act can be difficult. Watch this video to learn how the ISO Claims Outcome Advisor® platform can help adjusters use technology to handle claims consistently, apply their experience [...]
With the “Jackson Reforms” — the United Kingdom’s new litigation rules — now in place, solicitors need to find new ways to increase claim handling efficiency. The reforms’ effect on costs naturally requires a reduction in the time it takes to achieve settlement. PICAS® Plus, the claim settlement negotiation tool from ISO, automates much of [...]
Time is of the essence for solicitors now that the ‘Jackson Reforms‘ — the United Kingdom’s new litigation rules — are in effect. Efficiency is of paramount importance. In today’s environment, you need to achieve fair settlements faster, and PICAS Plus can help. The automated claim negotiation tool from ISO streamlines the settlement process, resulting [...]
Could your team handle its claims more effectively? Every organization has room for improvement, and in the claims department, a few operational changes could lead to several points off your company’s loss ratio. Streamlining your claims-handling process begins with asking yourself a few questions about your current operations. Watch this video to get insights into [...]
In the claims business, most people see experience as the greatest asset. A seasoned adjuster with decades in the field has seen it all and therefore can reach fairer settlements faster — as well as mentor junior adjusters. But what if the last five years of experience are simply a repeat of the previous five? [...]
