Insights from The Lab

How to Prevent Claims Leakage

Category: How to Prevent Claims Leakage


How to reduce insurance claims leakage—and the loss ratio—via standardization, business intelligence, and robotic process automation (RPA)

Minimizing claims leakage, defining the solution, and a drilling down to specific examples within insurance claims processing In their search to boost profits and reduce their loss ratio, property and casualty (P&C) insurance carriers often turn to improving a cast of “usual suspects”: Sales, pricing, new product development, and a host of operational areas from …

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