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Risk Management Triangles | Triangles may be frustrating, but it's not safe to throw them

Gain greater confidence in your interactions with actuaries and triangle reports that more accurately project your firm's expected losses.

Bill Review Silos Cost Payers Over $2 Billion

The failure of workers’ compensation claims payers to properly audit medical bills for prior approval of treatment is costing upwards of $2 billion or more annually, in unwarranted medical payments.

Client Case Study - County of Shasta

Today, many public entities are dissatisfied with current claim systems. Find out why the County of Shasta chose Systema Software and SIMS Claims, the next-generation design in claims administration software.

Opportunity Cost of Retaining Legacy Systems

While the insurance industry was a leader in adopting technology in the early days of software, it has fallen behind in maintaining that lead.

Case Study - SaxonMG

Case Study - SaxonMG

Published: 11/19/2013 in Claims Management

SaxonMG strives to be the number one choice for auto insurance in the Cayman Islands. To help achieve this objective, SaxonMG chose to implement SIMS Claims to process auto claims with a high level of efficiency, cost savings, and customer service.

Acrometis Strength in Numbers Analysis Reveals High Costs and Low Savings in Workers’ Compensation

How misplaced are your company's resources? If you're only concentrating on the highest spend categories, you may be missing out on MAJOR savings. See how our data proves that there could be savings hidden where you wouldn't normally think to look.

81% of Returned Workers Comp Bills Aren’t Resubmitted

Using actual 2012 claim data from our CLAIMExpert® platform, we uncover interesting statistics regarding rejected medical submissions, including the fact that 81% of returned claims are never resubmitted!

Client Case Study - Berkshire Hathaway Homestate Companies

Berkshire Hathaway Homestate Companies (BHHC) is a group of six regional insurance carriers. In this case study, Terry McKelvey, vice president of IT in the workers’ comp division of BHHC, discusses the benefits her company experienced after implemen

Seven Steps to Risk Management Success

Everything your organization does involves some level of risk. Shouldn’t an organization’s strategy be driven by risk every day? Or should risk management be put on the sidelines and only called upon when something goes wrong?

Leveraging A.M. Best Data to Create Competitive Advantage

Consulting actuary, Erich Brandt, FCAS, MAAA, uses four case studies to demonstrate how publicly available data can create competitive advantage in the property casualty insurance industry.

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