What is the purpose of

by rolive » Tue May 05, 2009 11:30 pm
Posts: 1
Joined: 05 May 2009

What is the purpose of reviewing losses with the Insured?

Total Comments: 13

Posted: Sun May 10, 2009 10:04 am Post Subject:

P&C insurance is not my expertise, so take this comment as one of a layman. A big "loss prevention" technique is simply to get tougher on the claims side of the business.

A good client of mine is a public insurance adjuster. Public insurance adjusters are used by individuals to fight against their own insurance company when there are issues with claims. Some companies are much more fair when it comes to claims than others. This is why when I need P&C insurance, instead of using the least expensive company, I use the one that treats people the best with claims.

Posted: Tue May 12, 2009 05:27 am Post Subject:

When we buy some thing we make sure what we are paying is worth it is the same they also reviwe to check if there is no frod

Posted: Tue May 12, 2009 09:09 am Post Subject:

When we buy some thing we make sure what we are paying is worth it is the same they also reviwe to check if there is no frod



Hey Vaishali, do you work in the insurance indusrty? It'd really be a treat to know more about the loss review from an industry insider. Please share your knowledge with us.

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