Big data is increasingly at the heart of the analytics solutions future-focused claims organizations in workers’ compensation are developing.
The change in the complexity of vehicles over the last five years is absolutely staggering. We live in an age where every aspect of the automobile is being transformed. Cars are now being produced with a combination of substrates that allows manufacturers to reduce the weight of vehicles to achieve greater fuel efficiency while at the same time improving crash performance.
Getting injured on the job or in an auto accident can have a significant impact on a person’s life. Going through the process of filing a claim and getting treatment can make it even more complicated. In fact, a 2018 study found that one in seven survey respondents said it took longer than expected to settle their Property & Casualty (P&C) claim, with delays adding to their burden.
Each quarter, I round up and highlight some of my favorite articles written by Mitchell experts and let you know where we have been published outside of our mPower thought leadership website. This quarter, we were featured in PropertyCasualty360 where Executive Vice President and General Manager Nina Smith explained how data and technology can help improve claims decision making and outcomes.
A Message From Our Team Regarding the Auto Casualty and Workers' Compensation Medical Price Indexes
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