Technology Helps Boost Claims Velocity
Published: 13 June 2008
Today, many financial transactions occur in real time, and consumers have come to expect the immediacy and real-time benefits of online transacations,24x7 connectivity and mobile communications.
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Consolidating Claim and Policy Information In a One-System Solution
Published: 13 June 2008
Many insurance companies and risk pools utilize separate information systems for claim management, policy administration, rating, and billing. In fact, some organizations even utilize several different policy systems to service their various lines of business.
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Navigating a Successful Merger: How Aon and Valley Oak Joined Forces
Published: 01 January 2008
Mergers and are on the rise. Capital, competition and a lack of organic growth opportunities have driven M&A activity in recent years and industry experts expect the trend to continue.
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Minimizing Impact on Claims Costs and Outcomes
Published: 01 January 2008
When a safety issue occurs, there is a window of opportunity for an organization to manage the inciting event to reduce the likelihood that a claim will be filed. If a claim does result, the information held within an event report can help to minimize the impact in terms of claims costs and outcomes. There are two lines of insurance, medical malpractice and workers’ compensation, where event reporting and management have yielded particularly positive outcomes.
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