Thisshort video highlights the day-to-day activities you might expect to encounter when you are a Property and Casualty Insurance Claims Examiner. For more information, visit the pages listed below: Finding a career – www.aie.org Planning for college – www.aie.org Paying for college – www.aie.org Managing your money – href=”www.aie.org Please visit the Adventures In Education website at www.aie.org
www.doyleraziner.com http www.hurricaneikelawfirm.com Phone 713-571-1146 | Toll Free: 888-571-1001 Commercial Property Insurance Claims Denials Often, insurance companies do not live up to their side of the bargain. They have no problem taking your money, but as soon as you have a claim, they start using various tactics to keep you from getting what you are owed under your policy. Insurance companies will often do some of all of the following: DISPUTE Claims Often the insurance company will ask you to give them all kinds of information, then nitpick and ask for more. Sometimes it seems like a game to them, but it sure seems one-sided to you. They have a lot of excuses, but not much in the way of help and assistance when you need it most. Often it even feels like the insurance company is trying to blame you for their own delays and disputes. DELAY Claims Sometimes the insurance company won’t come right out and deny a claim immediately. A lot of times, they just wait to make a decision. Meanwhile, bills and other expenses are piling up. Some insurance companies have gone so far as to mail the wrong forms on purpose and then deny a claim because the policyholder did not submit the correct form. In short, the insurance company is trying to make it so hard to file a claim that they hope the person just gives up. DENY Claims Sometimes insurance companies will come right out and deny a claim. They may even deny a claim without investigating or for another improper reason. When …
www.xactware.com — The property insurance industry is facing a number of challenges — from rising indemnity costs and growing claims-handling expenses to calls for greater claims transparency and increasing customer-service expectations. Merlin Professional Claims Services recognised the need for a robust and dynamic software solution for property claims that would help them meet these and other challenges as well as sup¬port their growth plans and give them the ability to deliver faster and more detailed claims-handling service. To address these issues, Merlin adopted Xactware’s claims estimating and claims management products, Xactimate® and XactAnalysis®, into its workflow. As a result of its use of Xactware products, Merlin has reduced indemnity spend by 20 per cent and cut claim cycle times by 34 per cent. Download the case study at www.xactware.com to read more about Merlin’s experience with Xactware. To learn more about Merlin Professional Claims Services, visit www.merlinclaims.com The full video transcript is provided below. Transcript Kevin Wood, Merlin Chief Technical Officer: Merlin, we are a claims management business. We developed a desktop claims management capability, and we also developed a contractor network. Some of the biggest challenges plaguing the insurance industry at the moment are control of claim cost. Peter Smith, Merlin Head of Contractor Services: Greater customer expectation certainly plays a huge part. Allied to that is a need to reduce …
