Insurance Post’s Post

Increase adjuster productivity, reduce LAE, and speed up the claims cycle. Hancock Claims Consultants provides Full Claims Lifecycle Support Under One Roof. That means we’re equipped to service insurance carriers and claims adjusters nationwide at whatever capacity they need throughout the pre-adjudication and post-adjudication process, or what we like to call from decision support to full policyholder restoration. #HancockCares #TrustedPartner #StreamlinedProcess

With the fraud space constantly changing, deputy news editor James Cowen speaks to industry experts for Insurance Times' latest In Focus about why it is crucial that insurers remain aware of the changing ebbs and flows of such activity - especially in the motor sector. Find out more here 👉 https://lnkd.in/eJiRKXWE Darktrace DWF Aviva Markerstudy Insurance AXA UK Allianz Allianz Commercial Verisk Carpenters Group #ITexclusive #fraudprevention #motorinsurance #artificialintelligence #metadatamanagement #insuranceindustry

HCSC, the parent company of Blue Cross Blue Shield of Illinois, has been fined a second time over transparency violations. 👮♀️ This time, it's for delaying compliance after their March 2023 fine for violating the Network Adequacy and Transparency Act (NATA.) If you're keeping track - that's $605,000 in violations in March, plus $231,900 in November. $836,900❗ Read the press release from Illinois.gov: https://lnkd.in/gY-PaidA #marketconduct #insurance #marketconductauditor

Zurich North America’s Deirdre Manna, SVP of Government and Regulatory Relations participated in a panel with Liberty Mutual Insurance’s Bill Lynch and Chubb’s John Fielding, moderated by Lockton’s Bobby Bierley during the annual Pipeline Insurance Managers Conference (PLIMC) in Nashville, TN. This panel of experts discussed #TortReform - where things stand, solutions, the future, and how Insureds can help make a difference. #insurance #insurancenews #PLIMC2023

“We’re beginning to see this shift where people and risk are being more and more embedded in the day-to-day lives.” Randy Termeer, President of USAA Property and Casualty Insurance Group speaks to Triple-I CEO Sean Kevelighan about the impact of technology and how it is becoming increasingly embedded in our insured products. Termeer emphasizes the importance of offering competitive products and investing in technological connectivity to help consumers prevent losses and save on premiums. #TechinInsurance #FutureofInsurance #InsuranceInnovation

"If it isn't written down, it didn't happen." Reporting and logging potential liabilities and documenting steps taken to correct issues can provide information critical to supporting the defense of a claim. Learn more: bit.ly/3P97A8o #claimsdefense #nonoticedefense #publicentities #riskcontrol #riskmanagement #insurance #publicriskinsurance #michigan #michigantownships #theparplan #MTPP

Back in the day, long before any regulatory bodies were around to protect policyholders' interests, it was a wild west. Policies were murky, and there was a need for a sheriff in town. Governments recognized the importance of protecting policyholders and stepped in to bring order to the insurance frontier. #INZMO #Historyofinsurance #Insurance #History #InsurTech

"The pen is truly mightier than the sword" - Joker At #GMTC we have the experience to blast thru #insurance companies standard process of delay, deny, and dispute actual #damage We tackle your #insurancepolicy and file your #claim to #getyoupaid Changing the Insurance world 1 #policyholder at a time 🤝🏻 24/7/365 Claim Help [email protected]

Our Property Claims Manager, Rich Woodhams joined the Insurtech Stream Panel Discussion on day one of the London Market Conference yesterday. In a lively discussion moderated by Insurance Insider’s Fiona Robertson, Rich was joined by Steve Flood, Kim Darrington and Aidan O'Neill, to discuss the challenges confronting the claims sector, and how the market’s response is critical for the future of our industry and enhancing the outcomes our customers deserve.   #LMC2023 #Insurance #ClaimsManagement #IndustryInnovation #insurtech #digitaltransformation

It may not always be obvious when a claimant knowingly exaggerates their symptoms or disabilities. The issue of false and misleading statements for financial gain is the focus of our latest Case Note - Allianz Australia Insurance Limited v Yu [2024] NSWSC 31. Principal Andrew Gorman, with the assistance of Graduate Allisa Hollier, explains how Allianz was able to successfully establish fraud, and recover a large portion of the settlement originally paid to the claimant. Read the full analysis here… https://lnkd.in/g5Qer75F #insurancelaw #CTP #insuranceclaims