Leading carriers are increasingly c...

Leading carriers are increasingly considering creative solutions so as outsourcing to unlock the value in claims. Claims payments and los adjustments expend nearly 80% of property/casualty insurers' annual return yet few carriers have sustained a competitive advantage in claims. Traditional approaches to improving claims performance--reducing claims handling costs and loss costs--typically yield short-lived succes

Several factors have caused carriers to rethink their traditional position that claims must be controll exclusively by dint of internal staff

* The high charge of maintaining and upgrading technology, proces design and staff skills across geographies and lines of business;

* Difficulty in meeting