Insurance Fraud Rises Along With Carriers’ Workload

As with most troubling developments, the pandemic has accelerated insurance fraud trends as pressures from economic uncertainty moves individuals and businesses to act less than ethical at a time when carriers are facing a slew of challenges from COVID-19.
November 20, 2020 Education & Training

Less Than Half Of Insurance Customers Trust Insurers To Respond To Basic Needs — Survey

Although the insurance sector has invested nearly $28 billion in customer experience, just 49% of customers feel their insurance provider will be responsive to their basic needs, according to the Customer Compass report, which is a survey by EIS, a core and digital platform provider for insurers.
November 17, 2020 Education & Training Risk Management

Claims Adjusting: Critical Thinking Required

Insurance carriers today are focusing on reducing claim cycle times and increasing claim closing ratios while maintaining a high degree of accuracy. Therefore, our industry is now in an age where companies are utilizing automation and internal intelligence to accelerate the claims adjudication process.
November 11, 2020 Education & Training

Empowerment—The Journey Beyond Accomplishment And Title

In business and in life, power gets a lot of attention and focus. Everything you want for your business, relationships, and life seems to be attainable through power—and indeed, it is. Yet too often, power is misunderstood.
November 9, 2020 Education & Training

The Many Advantages Of Power Of One

An all too common theme within a work environment is the mounds of work that people have on their plates at any given time. If this is something that you are experiencing, you’re not alone!
November 6, 2020 Education & Training

4 Reasons Insurance Professionals Benefit From Toastmasters

Are you stuck in a cubical or strapped to a wired headset in a call center? It can sometimes seem impossible to network while managing job responsibilities and your unhappy customers. Quite frankly, I imagine you leave some customer conversations and seek blissful solitude.
November 5, 2020 Education & Training

Taking Ownership Over The Claims Process

Imagine you are participating in an Olympic archery tournament. You have prepared and know how to use the sights, how to draw the bow, and how to time the release with your breathing.
October 30, 2020 Education & Training

Understanding The Use Of Experts In Florida Subrogation Cases

Florida property subrogation is big business. It has the third-most automobiles on the road, behind California and Texas. It has the most condominium units of any state—by a country mile.
October 29, 2020 Education & Training Subrogation Florida

Diversity Pays Off

The racial reckoning of recent months has raised the bar for business leaders. It is no longer enough for them to simply understand that a diverse group of employees, managers, executives and board members creates better results.
October 26, 2020 Education & Training Risk Management

Stop Your Lurking And Engage Using Social Media

Too many people live to blend into the woodwork, to be middle of the pack. Not outstanding enough that people try to knock them off balance, but not mediocre sufficient that their heads are on a chopping block.
October 19, 2020 Education & Training

Subrogating For Change: How Wildfire Subrogation Is Helping Protect The Public At Large

Natural disasters such as hurricanes, landslides, floods, and wildfires, have become common occurrences in today’s America.
October 16, 2020 Education & Training Subrogation

Questions About No-Code Development You Always Wanted To Ask

If you are in the tech, insurance, or finance industry, chances are you have already heard people talking about no-code development. But what exactly is no-code and how can your company benefit from this?
October 15, 2020 Education & Training Technology

Rules Of The Road: Tips For Successful Claims And Litigation Management

When it comes to claims and litigation management, the specific “rules of the road” likely depend on the individualized experience of the claims or litigation manager.
October 14, 2020 Education & Training

The Paths Of Chemical Exposure

The Safety Hierarchy states that hazards should be mitigated first by engineering controls, secondly by guarding, and lastly by warning/training. When the first two, engineering controls and guards, fail in a manufacturing setting, a chemical release could occur.
October 13, 2020 Education & Training Workers' Compensation

Coinsurance: A Tutorial

A dear friend of mine starts out coinsurance conversations (yes, we actually sit around and talk about this sort of thing, usually with a malted adult beverage) with the following disclaimer/statement/warning: "Coinsurance is evil and must be destroyed."
October 1, 2020 Education & Training Property
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