Insights
Corporate Responsibility: How Employee Engagement and Community Engagement Go Hand-in-Hand
October 8, 2017
Employee engagement is a top priority for every human resources executive, and for good reason. According to a PWC study, employees who are committed to the companies they work for put in 57 percent more effort and are 87 percent less likely to resign. Despite these powerful statistics, Gallup reports that only about one third of U.S. workers are engaged at work.
The State of Third Party Auto: Claim Costs, Consistency and a New Generation of Adjusters
October 8, 2017
The cost of third party auto claims is rising quickly, and many insurance carriers are struggling to keep up. As the number of attorney-represented claims grows, adjusters are getting more and more demand packages, which are often disorganized or incomplete, though they require a timely response.
PBMs: Integrated Solutions for Opioid Management in the Overall Claims Management Process
October 8, 2017
6 MIN READThe opioid crisis has been top of mind for workers’ compensation leaders and claims managers for many years. Last year, the Workers’ Compensation Research Institute (WCRI) found that the newly implemented policies may be helping to curb usage.
From Airbnb to Uber: How Peer to Peer Insurance is Transforming the Insurance Industry
October 8, 2017
3 MIN READIf you’ve ever taken Uber or stayed in an Airbnb, then you’ve participated in the peer-to-peer economy. Interestingly, Uber, which was founded in 2009, currently has a valuation of $62 billion. The company is on track to deliver 3 billion rides by the end of 2016—and the word “Uber”—as in “No need to pick me up. I’ll Uber,”—has gone from company name to generic verb for using any ridesharing service.
Top 10 Trends from the Mitchell 2016 P&C Conference
October 8, 2017
At the 2016 Mitchell Property and Casualty Conference, keynotes, breakouts and everything in between were focused on technology and social trends that are changing the way we interact with one another and do business. From augmented reality to information security, here are 10 of the many trends that were top of mind at the conference.
Prepare for IAIABC Claims Release 3.1 by Starting with Your EDI Reporting Process
October 8, 2017
The IAIABC (International Association of Industrial Accident Boards and Commissions) maintains and develops electronic reporting standards in the Workers Compensation arena. Since 2003, the IAIABC Claims Release 3.0 has been in publication.
Five Qualities of an Effective Business Workflow Solution
October 8, 2017
12 MIN READNo two payors are the same, so their business workflow solutions shouldn’t be identical either. Every insurer or third party administrator knows their business best and needs a workflow solution which adapts itself to their unique business priorities and rules. Now learn the five qualities that make a business workflow work for your business.
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