Sending regular Claim Status letters (or emails) to the parties involved in a claim is a crucial step in your claims management strategy to promote transparency and build trust in the claim process.
A Claim Status letter serves as an excellent opportunity to maintain an ongoing conversation with all parties
Implementing claims management software is a great way to help your company optimise claim processing, increase productivity and reduce manual errors.
A modern claims system can bring a lot of benefits to your company. While there’s a small upfront investment of time to get familiar with the platform, the
If your company manages or has to keep track of claims, claims management software can remove headaches and reduce the cost of admin.
Choosing the right claims processing tool for your business can feel overwhelming.
Traditional claims applications are often designed with insurance companies in mind, focusing primarily on policy
Despite their ubiquity in business operations, spreadsheets are notoriously error-prone, often leading to costly and damaging consequences. From manual entry mistakes to hidden miscalculations, the risks are well-documented and far-reaching.
The most common reasons for mistakes are:
If you are a self-insured company, receiving and managing claims is often a chore you would rather avoid but reluctantly deal with.
When you are self-insuring your company you are taking a big risk, but with the right strategy and tools, it can pay off in the long term.
Claims