Claim Analytics

Simplifying and expediting the claim process

Claim data and analytics

Data and analytics are essential when managing claims for hundreds or thousands of employees. Having the right claims management technology that is continuously enhanced by the insurer to simplify and expedite the claim process for you can be the game changer you have been looking for. From sophisticated geospatial technology to medical analytics, your claim can be supported by data-driven tools and resources that can help you with your claims.

  • Geospatial tools: Geospatial intelligence gained through aerial imagery helps insurers identify potential losses and informs claim response before and during a catastrophic event. These insights help deploy the right resources and technical expertise.
  • Medical analytics: Through the strategic use of medical data, expertise and sophisticated technology, select insurers can provide superior claim service that focuses on the management of medical costs.
  • Attorney propensity predictive model: Machine learning and predictive models to understand when attorney involvement may be likely in claims, preparing the insurance company to defend your brand, business and reputation is an enhancement that should be considered.

Manage complex risks with one simple platform

As business risks change and grow, finding the right technology that allows you to leverage your data can at times be difficult to source. When it comes to claim management, there are options that can deliver technology, risk professionals and additional claim resources that help provide a greater understanding of loss causes and how to lower costs.

For example, The Hartford offers a risk management information system (RMIS) called TREO. Other insurance companies like Travelers for example, have something similar. But, in many cases, larger businesses are not utilizing these resources and fail to obtain the transparency to help make decisions with regard to claim management and claim reduction through staff training and making changes to safety protocols and procedures. Some of the benefits of online claim analytics such as products like TREO include:

  • Enabling the power of data and analytics
  • Creating transparency, highlighting proof points and identifying the root causes of cost drivers
  • Allowing individual and portfolio claims management
  • Letting you customize claims-trend tracking

Focus on areas you want to target most

Locate, analyze and focus on areas most impacting loss costs with less effort to drive better decisions. Receive and share claim knowledge more easily with claim analytics, through Vetinsure.

  • Email alerts notify you of claim changes
  • Comprehensive claim views make OSHA reporting simple.
  • Get detailed claim notes, disability data, and litigation information
  • One-click access to email adjusters
  • Create reports for your whole operation, then automatically send each of your business units or locations "burst reports" with their specifics.
  • Increase productivity by streamlining access to claim information

Who can benefit

Risk management information systems like Hartford's TREO system is typically reserved for middle market and national accounts sized businesses.

Let's talk claim analytics for your vet hospitals