Episodes
Wednesday Jun 02, 2021
Wednesday Jun 02, 2021
Tim Christ VP of Growth at Claimatic, which was Insurtech before that was a word. IAS Claims created algorithms looking at large pools of claims to triage and assign the right adjusters based on location, experience, authorizations, schedules. The process went from days down to a few hours, carriers needed access to that logic, and Claimatic was born.
Claimatic connects the Policyholder, Adjusters and Vendors and their unique challenges in the claims cycle:
❗️ Customers who discover to their chagrin that they have a 16-step process to go through,
⏰ Adjusters who spend 65% of their time on clerical tasks,
🚧 Vendors who manage claims on behalf of carriers need to manage costs and streamline processes.
Tim says there are many technologies assisting the claims process and that experienced professionals at carriers should actively test their new ideas with their innovation lab, which can also help springboard their own career path.
Tim is the author of two books so be sure to check out his rich LinkedIn profile for lots of great original thought leadership or just to have a chat!
Follow Insurtech Leadership Podcast airing weekly hosted by Joshua R. Hollander. We give you up-close access and personal insights from the leaders of the fastest-growing #insurtechs and most innovative #insurance carriers and brokers.
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