This is a job for someone else.
It was not so long ago that insurers looked after all of their own claims handling. However, Steve Banner says that more insurers are now outsourcing their claims operations.
In an intensely competitive market, all insurers face enormouspressure to keep their overheads down. That can often mean reducing, or
not increasing, the number of people they employ.
The need to control the head count is one reason why some companies have
opted to outsource claims handling. Another is the belief that handing the
task to a third party can often result in a more efficient service to the
customer.
Put bluntly, if you give the job to somebody else, you can always take it
back again if
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk