Improve Loss Ratio by Optimizing First Notice of Loss

Overview

Improving loss ratio is a common goal within the industry, and assuring First Notice of Loss is optimized is the first, and potentially most critical step in the claims life cycle. By designing an intake process that’s aggressively proactive and enables agents to handle as many steps in the claims process as possible, leading firms can reduce overhead, capture more accurate information, and reduce the burden on adjusters to drive better outcomes.

In our latest whitepaper, you’ll learn:

  • Why FNOL is a key to loss ratio improvement that’s often overlooked
  • How to create an effective and streamlined claims intake process
  • The immediate and downstream benefits of outsourcing claims intake
  • The right questions to ask a prospective claims intake partner

Download this whitepaper now for the steps to improving loss ratio.

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