Business
July 24, 2024
Part 3: Surviving a CAT: Integration and Custom Systems in Claims Management
in: Business, Software, Transformation
Delve into the complexities of transitioning from small-scale manual processes to integrated systems within larger firms. Emphasizing the importance of selecting the right platform and partner, the discussion highlights the challenges and benefits of custom-built systems versus third-party solutions.
July 3, 2024
The Powerful, Practical, and Strategic Benefits of Automation in Claims Adjusting
in: Business, Insurance, Software
Manage claims quickly, enhance productivity, and enable growth and a competitive advantage. In traditional insurance claims processing, there are challenges primarily caused by manual work and bottlenecks. This results in lengthy processing times, errors, and customer dissatisfaction. Automation has emerged as a solution to address these issues and streamline the claims processing workflow. One of […]
June 5, 2024
The 4 Stages of Growth of an IA Firm
in: Business
Challenges abound throughout an IA firm’s lifecycle. Strategic planning, adaptation, and technology partnerships can ensure success. The lifecycle of an independent adjusting (IA) firm comprises different stages, each with unique challenges and opportunities. Early on, there’s a high growth potential, but limited resources and a lack of an established track record hold the company back. […]
May 15, 2024
Reducing Costs through Innovative Claims Management Solutions
in: Business
Eliminate manual processes and automate claims processing with innovative Susco solutions. This will cut costs and streamline workflows. Key takeaways: The inefficiencies inherent in traditional manual claims processing take a heavy toll on insurers: stacks of paperwork inundate employees’ desks, data is scattered across disparate locations, stakeholders are in the dark about the status of […]
May 8, 2024
Transforming Claims Management for Enhanced Profitability
Beneath the seemingly calm surface of insurance operations lie hidden expenses akin to the submerged bulk of an iceberg. These concealed costs, often overlooked or underestimated, significantly impact the profitability and efficiency of insurance adjusting firms. Recognizing and addressing these hidden expenditures is pivotal in navigating the complexities of modern business and achieving sustained financial […]