Publication | BRG CFO Solutions
Insight of the Week: Risk (Insurance) Management
Create a single source of truth to manage your risk environment.
A client had limited visibility into its property insurance risk environment. It was difficult to forecast receipt of claim proceeds or understand the risk profile across markets, and loss claims often went unreported, leading to a loss of potential recoveries.
The insurance process was reengineered from incident intake to claim proceed recovery, ensuring that the right controls and handoffs between functions were in place.