Legacy claims that hang on to your company’s balance sheet without timely intervention are a large driver of costs of risk as they linger and become grow significantly into larger claims which in turn impact your company’s bottom line and favorability with insurers. With 20% of claims driving around 80% of the total cost of risk for most companies, real time management of these expenses is critical.
Watch the above video on how an interactive tool is helping manufacturing and auto companies discover significant savings. Then take the first step in reducing your total costs of risk by answer these 3 brief questions for your free customized cost savings projection.
