The insurance claims audit: 7 hidden costs eating your operations budget
Our survey of 250 senior claims professionals across Managing General Agents, Third-Party Administrators, brokers, and carriers revealed that whilst organisations meticulously audit individual claim decisions, few systematically audit the friction that makes every claim more expensive to handle than it should be.
Top cloud consulting companies trusted worldwide
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Top Azure consulting companies trusted worldwide
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Delivering zero-defect core system modernisation
Modernising the core systems that power insurance businesses has never been more urgent – or more fraught with risk. According to research by McKinsey and the Project Management Institute, 30-70% of major transformation programmes ultimately fail*, often incurring significant costs.
From Athens to the World: reflections on maritime risk and resilience
The recent Marine Insurance Greece conference provided a platform not only for thought-provoking conversations, but also for grounding those discussions in the reality of what’s unfolding globally. Here’s what’s keeping many of us in the sector thoughtful and alert.
A guide to claims process automation in the insurance industry
According to a report by McKinsey, automated claims processing has the potential to reduce the cost of the claims journey for insurers by as much as 30%. Sounds promising? Let’s dive into the details.
How to improve claims handling and optimise management?
Keen to learn more about effective claims management and how to unlock the potential of your current processes? Explore our guide to leveraging technology in the insurance industry!
London Market data standardisation – essential insights by Cassandra Vukorep
A recent InsurTalk event explored current data challenges and opportunities of creating a unified data management framework for the London Market. Read our article to discover more about the importance of establishing data standards in this sector.
Cross-functional collaboration: benefits, challenges and tips
In the past, it was once common to experience a company culture where there was little to no interaction across departments. Over time, the organizational structure has slowly shifted towards promoting cross functional collaboration.