With the right tools to empower your claims handlers and yourself, your company can grow by leaps and bounds. Let’s look at some of the top insurance industry trends in 2019… and find out how web-based claims management software can help you stay ahead of those trends.
Top Insurance Industry Trends in 2019
Speedy Claims Handling
The pace of business seems to get faster every year and 2017 was no exception. Expect that trend to continue into this new year and prepare to meet the challenges of speed head on with online claims management software from Virtual Claims Adjuster.
With Virtual Claims Adjuster, your company can finally eliminate inefficient processes that lead to unbillable time, so you can increase your revenues and achieve your business goals.
2017 was an unprecedented year for natural disasters. For your company to keep up with the ever-increasing load of claim assignments, you probably had to increase your staff. 2019 will likely be yet another tumultuous year with unpredictable weather, so your best bet is to be prepared to add staff members quickly and easily. With Virtual Claims Adjuster, the leading online claims management software, you can scale quickly to meet these demands while taking advantage of our entire suite of services.
Virtual Claims Adjuster makes it simple to react to absences, process file transfers, and onboard new hires with a standardized, easy-to-follow procedure that helps your company grow by better defining internal processes to control costs and quality. Click here to learn additional features and benefits of Virtual Claims Adjuster.
The largest trend that defined success for businesses in 2017 was the ability to pivot, nearly instantaneously, in order to react to changing market conditions. The insurance industry is ever-evolving, and the ability to make fast, clear, well-informed decisions will be an asset for your company in the coming years.
With Virtual Claims Adjuster, you’ll have the capability to view trends and analytics so you can track the process of your business. Drill down to look at granular data such as employee performance, or get a big-picture overview of your average processes and procedures. This will help you eliminate bottlenecks and streamline the claims handling process with ease.
One insurance industry trend that can’t be forgotten from 2017 is the increased security issues required to combat cybercrime. Not only is it important to protect your own claims handling business’s files and data, it’s also critical that you secure your client’s files and records.
Reassure all your compliance-burdened clients of your commitment to data protection by providing a secure portal for assignments and claim file details. With 2048 bit SSL encryption, 99.9% uptime, seamless backups, and a complete disaster recovery plan, Virtual Claims Adjusters claims management software provides your business with the security assurance your clients need.
Be Prepared for Changes
Ensure that your claims handling business stays profitable in 2019 and beyond. The best way to do this is by streamlining the claims handling process, scaling up to meet demand, meeting your clients’ security needs, and staying ahead of the ever-changing industry requirements and trends with ease.
Take Virtual Claims Adjuster for a spin when you schedule your free, 30-minute, guided demo followed by free, hands-on demo access.
Once you see Virtual Claims Adjuster in action, you’ll understand why this web-based claims management software has been the global leader for nearly two decades.