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.
Part 3: Surviving a CAT: Integration and Custom Systems in Claims Management
Recent Posts
My Personal Development Toolkit & History
I was just on the This Life without Limits podcast: audio here and video here! Purpose of this Post I wanted to compile a master list of concepts I’ve learned to drive personal transformation and how those concepts can be applied to one’s business / professional life. There is more content to come, but there’s […]
5 Signs Its Time to Replace Your Outdated Claims Management Software
Keeping claims management software up to date is essential for insurance services firms striving to maintain efficiency and a competitive edge. As the insurance industry becomes increasingly data-driven, outdated software slows your business down and creates significant risks. From frequent system crashes to integration issues, outdated software can hinder your team’s productivity, reduce customer satisfaction, and […]
How to Financially Justify Upgrading Your Claims Management System
Build an ironclad business case for modernization by demonstrating the financial benefits of claims upgrade. Suppose you’re like most forward-thinking independent adjusting (IA) firms’ IT executives. In that case, you understand that aging claims management systems (CMSs) aren’t just a technology problem but a significant financial burden that grows heavier each year. Maintaining these systems […]
The Importance of Data Security in Claims Management Integrations
Imagine an insurance adjusting (IA) firm integrating a new claims management system, transferring sensitive data on active claims, policyholders, and financial details. During this process, a minor security lapse results in unauthorized access, exposing clients’ personal information. The fallout? Compromised client trust, potential legal ramifications, and a damaged reputation. This scenario highlights why data security […]