The Essential Role of Claims Adjusters in the Insurance Industry
In the intricate world of insurance, claims adjusters are the unsung heroes. They play a pivotal role in determining the outcome of an insurance claim, directly impacting both the insurance company and the policyholder. In this blog, we’ll explore what claims adjusters do, their significance in the insurance industry, and the methods they employ to […]
Aspen Claims Is Named Top 10 Claims Processing and Management Service Company for 2022
Insurance CIO Outlook, a source for insurance news, announced the latest rankings of the top 10 claims processing and management service companies in 2022. And Aspen Claims Service was among the best. In the entire country of the United States, Aspen Claims Service offers adjusting services for residential and commercial property damages. For daily and […]
The Top 10 Ways to Respond to Catastrophe-Related Claims Quickly
Catastrophe-related claims are in the news frequently, but no two catastrophes are the same, and every response requires a unique approach. Many considerations must be made when responding to these types of claims, and no two claims adjusters will respond to these situations in precisely the same way. Because of this, it can be challenging […]
5 Best Practices for Responding to Catastrophe-Related Claims Quickly
Did you know that around 6,800 annual natural disasters occur worldwide? And insurers are responsible for protecting their clients against most of these catastrophic events. Unfortunately, when disaster strikes, insurance companies often have difficulty processing claims and responding appropriately. Why? Sometimes, catastrophes affect entire regions, leading to countless claims. Plus, some companies lack the systems required […]
2022 Insurance Trends Reshaping the Industry
Insurance claims are topical, changing like the seasons in a year. Certain claims are prominent during a given time of the year while other claims decline. Innovative insurers have mastered the insurance claim cycle. They can accurately predict the insurance claims to expect in a given month or season. Contrary to popular belief, predicting your […]
5 Tips to Reduce Claims Reporting Turnaround Times
Claims processing is a time-consuming, paper-intensive procedure. Thus, making it costly. The average time to handle an insurance claim calculates claim processing time The process entails all necessary processes, from filing an insurance claim to generating decisions based on information gathered. Claims reporting turnaround can reveal a company’s efficiency level, such as how quickly the insurance resolves claims. […]