Applications of Predictive Analytics in Workers’ Compensation
6 MIN READ
As technology use continues to rise in almost every facet of today’s society, the mark it has left on the property and casualty industry, specifically within workers’ compensation, isn’t surprising
2021 mPower Virtual Conference
On-Demand
The Mitchell | Genex | Coventry team looks forward to connecting with you at the 2021 mPower Conference, taking place virtually October 12–14, 2021.
Most Common Characteristics of High-Performing Third Party Claim Workflows
While every carrier’s exact workflow and claim processing techniques are distinct, most claim professionals across the third party liability industry operate with the same goals in mind—settle claims accurately, efficiently and consistently. But sometimes, the complexity of third party claim processing can cloud these seemingly simple objectives.
The 5 Essentials Every Third Party Claim Workflow Needs
Recent third party claim costs have risen significantly— from the start of 2018 through the end of 2020, average charge per claimant in Mitchell’s aggregated industry data has increased 53% for third party claims.
Liability and Injury Evaluations: Understanding the Two Types of Recommendation Models
5 MIN READ
Third party bodily injury teams use a number of different approaches and tools to settle claims, but they do share a similar set of goals—settling claims efficiently and accurately.
Most Common Characteristics of High-Performing Third Party Claim Workflows
5 MIN READ
While every carrier’s exact workflow and claim processing techniques are distinct, most claim professionals across the third party liability industry operate with the same goals in mind—settle claims accurately, efficiently and consistently.
Workers’ Comp Data: Restaurant and Hospitality, Educational Services Industries Still Experiencing Low Volume of Workers’ Comp Claims
Data analysis by Aarthi Thiruvengadam. As the COVID-19 pandemic goes on, the workers’ compensation industry is still continuing to manage changing claim patterns and trends.