Four for the week – vol 11

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Welcome to our eleventh edition of Four For the Week (44TW)! To look through past editions, feel free to view our blog. This week we begin with a great article by Stephen Applebaum on why the future is already here in claims, we also reveal some interesting facts on the Saharan Dust phenomenon and tropical storms, followed by one simple communication idea for you to accelerate your career as a salesperson. We close it out this week with tips to avoid insurance claims during this summer season. Enjoy

Strategy & Innovation

Claimatic Team

A perfect storm of macro factors has supercharged several trends in the insurance industry, producing almost touchless processes for claims and enabling cycle times of seconds, minutes and hours instead of days and weeks. Advancements in areas such as machine learning, robotics and connected IoT devices will continue to bring a dramatic shift in the way claims are processed, managed and reported and will result in better operational performance and improved customer satisfaction

Technology & Connectedness

Ven Shanmugam, President & COO

This week, we’ve started seeing in parts of the southwest the impact of the Saharan dust that has carried 4000+ miles. While this is an annual phenomenon, with over 182 millions tons of dust departing from the western Sahara, this year perhaps brings the most dust we’ve seen in 50+ years in terms of concentration, density and size. While this brings challenges to parts of southwest US in terms of poor air quality, it does help suppress some of the tropical storm system activity in the Atlantic. In a way, a natural mechanism for minimizing damage and claims

Strategy & Innovation

Claimatic Team

As any salesperson, PR rep, or entrepreneur can tell you, the rate at which people open and respond to your emails can be the difference between accelerating your career and the pit of despair. No wonder we all spend so much time obsessing about subject lines,exact phrasings, and crafting the perfect ask. But according to research from email software company Boomerang, there’s one part of your messages you’re probably not putting enough thought into – your closing

Technology & Preparedness

Claimatic Team 

Filing a claim is generally a traumatic event for most, especially if it has caused injury for someone. Thankfully, insurance carriers work hard to ensure that the pain from such an event is lessened, specifically minimizing the financial impact and reducing the time to remediate any such damage. However, more and more are moving towards preventing claims in the first place. And the best way to do so is continuing to educate policyholders on simple ways to minimize risks around the home and their loved ones. Here’s an interesting peak at some common claims over the summer season that could be avoided.

Claimatic is the first dedicated decisioning solution for insurance claims routing and assignment for the enterprise. We believe we stand alone in offering the platform, and administrative tools to quickly configure, deploy and manage the routing and assignment of hundreds to hundreds of thousands of claims at once, while supporting the unique processes and rules for your business.
Customers choose us as a partner because we offer the only open, low TCO solution to meet their needs, regardless of Insurance Claims Management software platforms. We work across platforms and enterprise systems, information sources and software languages in use within the enterprise and across our customers’ partner networks. Our technology supports hundreds of factors involved in claim decisioning, thousands of entities involved in claims resolution, and millions of claims cases, all within a single deployment.
Customers who partner with Claimatic acquire significant advantages from working with a company that has focused exclusively on this set of challenges since day one – the product they need, and the results they want— the right resource, assigned to the right claim, at the right time.
Wes Bright, Product Leader
Wes Bright, Product Leader

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