We use a number of different claims management service providers to enable efficient claim processing for each of our cell programs. Delegated claims authority is only given to firms who have extensive claims management experience, know the local markets where claims are made, and operate with the highest degree of ethics and integrity.
The efficiencies that technology can bring to the claims process can be streamlined within the cell giving participants a high level of service.
Claims Management of Captive Cells relies on state of the art claims technology giving immediate feedback of the overall impact of claims and the time needed to make adjustments can be decreased due to the simple aggregation of data within a cell captive.
Because claims account for the majority of a captive’s expenses, best practice claims management is one area where captives can distinguish themselves from most traditional insurers.
Using local adjusters who meet high ethical and competent criteria gives participants the best claims experience.
Proprietary Claims Software can be integrated into a cell captive program without the hefty cost associated with licensed software with large commercial insurers as the target users.