Optimizing Claims Organizations’ Financial Results Through Telematics
Find out how telematics ensures sustainable reductions in claims costs
Claims executives have become trapped in a perpetual cycle of incrementally lowering costs, often at the expense of customer satisfaction and retention, when opportunities exist to completely change the equation. Telematics is uniquely suited to address all the major contributors to claims expense and help insurers achieve sustainable cost reductions.
This white paper:
- explores the traditional method for optimizing claims and why it is no longer sufficient
- explains how telematics creates opportunities for long-term sustainable improvement in claims costs, and
- closes with two illustrative examples highlighting the impact of telematics on an insurer’s bottom line