Understand the role of claims service in identifying and reporting emerging trends.
In an ever-evolving and complex insurance environment, claims professionals are facing increasing challenges in providing the service their customers rely on. The recent CrowdStrike outage is an example of a complex, global event requiring expert response, as well as potentially impacting multiple classes of business, beyond the immediate cyber market.
Insurers are also facing greater pressure to build and maintain a strong claims culture, combining technical expertise with a customer-focused approach. In addition, the claims service also plays a key role in identifying and reporting emerging trends, so risks are understood and priced adequately.
Discussion questions and talking points include:
- An overview of how claims processes have evolved in the last 10-15 years
- Examples of the growing complexity of claims and how to manage them
- What insurers are doing to bring more inclusivity into the claims industry
- How the industry and employers are trying to plug the skills gap in claims
- What skills are needed to survive and thrive as a claims professional
- How claims professionals are managing social and economic inflation
- Reflections and projections for claims in 2025
Panel:
- Jonathan Pestell, Head of Claims Performance – Specialty and International Claims Casualty Treaty, Markel
- Jenny Neale, Senior Executive Claims, Lloyd’s Market Association
- Daniel Silverman, Director, PwC
- John Parsley, Business Operations Lead, McGill and Partners
Moderator:
- Meg Green, Senior Editor, Multimedia, Insurance Insider
Original content can be found here.