New Horizons in Claims Data
How well do you understand the effectiveness of your policy? Claims costs by section, sure. Perhaps some ICD classifications and decline codes. Ages and demographics…great, but what else?
Rightpath Claims understand that the better you understand your risk and the better you understand how you are protecting your exposure, the better your chance of success. This all leads to claims data.
Embracing this we completely redesigned our claims system to capture entirely new levels of data. Most claims data is now captured at a granular level. Making this information available to insurers will allow them to write with more insight and intelligence than is otherwise possible. Our data will allow you to:
Accurately pin-point how your scheme performance would shift with the smallest movements in your excesses and limits.
Identify the cost impact of inclusion or removal of the terms and conditions. Identify your cross/up-sell opportunities for more intuitive marketing.
Understand the nuances of the claims and the cost effect of underwriting guidelines (going past the policy wording).
The system-driven nature of our processes enforces the need for data accuracy. As we operate using a completely unique set of systems the level and accuracy of data is impossible to replicate.
The above is only a summary of the possibilities this new horizon in claims data provides.
Contact us today to discuss this powerful new solution in more detail. Confidentiality assured.
|Success Stories||Careers Centre|