
P&C insurance claims are becoming more complex, and litigation costs are soaring. Carriers are battling against indemnity leakage to stay profitable while delivering excellent claims service. There are four critical levers they can use to invest in “severity conservation” to reduce leakage and improve loss adjustment expenses.
This infographic shares:
- What the four key elements of severity conservation are
- Why each element is vital for claims organizations
- Primary benefits of each element