Cutting Costs in Claims

Topics:
Commercial Banking
Tags:
Business Operations,
Claim,
Corporate Insurance,
Finance,
Financial Accounting,
Human Resources,
Insurance,
Policies And Procedures
Source:
Technology for Finance

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Overview: Critical eye over claims handling, a business that is weighed under with inefficiencies, and suggests where technology can help to alleviate some problems. The longevity of the business model suggested in this article is questionable, primarily due to today’s volatile stock market and the uncertain global economic climate that prevails. The factors include a growing culture of litigation, increasing demand on insurance companies to cover accident-related medical treatment, and rising claims for bodily related injuries. Learn more while referring the article.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML | Size: 15KB | Date: May 2003 | Pages: 3

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