Improving capital management while maintaining operational efficiency is crucial.
Our dedicated Carrier Practice team at Gallagher Bassett (GB) recently partnered with a global insurance entity to develop a tailored legacy claims strategy that delivered superior outcomes across multiple portfolios.
The Results:
Workers’ Compensation: Achieved a 40% closure rate for run-in claims within the first year, surpassing the incumbent by 11%
Auto Liability: Closed 63% of run-in auto claims within the first year of handling
Construction Liability: Reduced the total incurred costs for closed construction liability claims by 5% after one year
I’m looking forward to catching up with the legacy sector at the AIRROC Annual Transactions Symposium later this month. If you’re also attending, reach out to me directly so we can connect in person.
To discover how a partnership with GB could enhance the outcomes of your legacy and run-in portfolios, connect with our team today.
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