Claims leakage approach sees a seven-to-one ROI

Martin Ashfield Axa

Martin Ashfield, head of commercial property claims at Axa Insurance, attributed the end of its historical "master-servant" relationship with suppliers to its investment in a consistent rules-based approach to claims leakage. Citing a seven-to-one return on investment, he also praised the genuine "partner" relationship now enjoyed between the two entities.

Talking delegates through a case study of Axa's use of claims technology to avoid operational leakage, Mr Ashfield welcomed its new systems, stating these had saved the firm vital time and costs — and

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As the Financial Conduct Authority intends to check claims-handling response times, and whether insurers are doing enough to help customers in vulnerable circumstances, Winn Group chief information officer Clint Milnes explains what providers need to do to meet the watchdog’s expectations.

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