Who Benefits?
- Insurers with marine insurance business, including those with run-off books.
- Fixes claims administration costs at a reduced level.
- Gives insurance carriers the ability to focus on top-line growth, utilizing their core competencies to further profit potential.
- Provides speed and flexibility to support increases/decreases in business volume.
- Enables rapid entry into (or exit out of) business segments to respond to changing market conditions.
- Mitigates the risk of potential service disruption to having claims administered remotely.
- Insurance brokers who want to supplement their services with claims assistance for their clients.
- MGAs with marine insurance business.
- New entrants into the marine insurance business needing experienced claims administration.
- Companies with large, self-insured retention.
- Marine surveying firms looking to supplement their services with claims adjusting.
- Insurers or brokers with a need to handle temporary claim volume overflow.
- Foreign insurers who need local claim representation.
- Entities wanting to have their claim files audited for process improvement.
- Lastly using our AI application in the handling of fast-tracked marine cargo claims.