How Underwriters Can Access Claims Data Now

1,930 views

Published on

Published in: Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
1,930
On SlideShare
0
From Embeds
0
Number of Embeds
51
Actions
Shares
0
Downloads
5
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

How Underwriters Can Access Claims Data Now

  1. 1. HOW UNDERWRITERS CAN ACCESS CLAIMS DATA…NOW
  2. 2. Underwriters: Do you wish you knew about... 2
  3. 3. Before Renewal Time! 3
  4. 4. Trillium finds valuable indicators for potential nonrenewals, premium increases and higher risks that are hidden in claims files 4
  5. 5. And Automates Real-Time Delivery to Underwriting 5
  6. 6. We continually analyze free form text and scanned documents across thousands of claims files – the 50%+ of information your company cannot reach today. 6
  7. 7. Step #1 – Access Your Free Form Text Insurance Claims Adjuster Note Homeowner had problem with ice dams. Visited home to inspect and write scope of damage. PH has an aggressive dog on premise that had to be restriand and brought into another room when I entered residence. Looked to be a p bull. 7
  8. 8. Step #2 – Identify Potential Risk Indicators Insurance Claims Adjuster Note Homeowner had problem with ice dams. Visited home to inspect and write scope of damage. PH has an aggressive dog on premise that had to be restriand and brought into another room when I entered residence. Looked to be a p bull. We even pinpoint misspellings, abbreviations and vernacular 8
  9. 9. Step #3 – Correlate with scanned documents APPRAISER COMMENTS Upon arrival at the residence, an angry dog had to be put on a leash by the homeowner and secured outside. Following this incident with the dog, the homeowner was cooperative, provided a view of the damages and answered all questions in a thorough manner. Trillium combines data from multiple sources to analyze and generate results – including comments on an appraisal form regarding presence of aggressive dog 9
  10. 10. Step #4 – Notify Underwriting, Support Informed Decisions Who to underwrite 10
  11. 11. Step #4 – Notify Underwriting, Support Informed Decisions Who to underwrite Who not to renew 11
  12. 12. Step #4 – Notify Underwriting, Support Informed Decisions Who to underwrite Who not to renew Who to charge a higher premium 12
  13. 13. Step #4 – Notify Underwriting, Support Informed Decisions Who to underwrite Who not to renew Who to charge a higher premium Who should have a higher deductible 13
  14. 14. Get the claims data you need for underwriting decisions… NOW. 14
  15. 15. FOR MORE INFORMATION daniel_gilligan@trilliumsoftware.com 860-930-3179 www.claimsdataquality.com

×