Insurance Webinar – Destroy Your Competition Using Workers Comp Loss Runs
James J Moore, AIC, MBA, ChFC, ARM founder of J&L Insurance Consultants, J&L Risk Management Consultants, and Cutcompcosts.com will conduct an Insurance Academy© Webinar on February 25, 2016 at 1:30 PM Eastern Time. The link to sign up for the webinar is here.
The webinar titled – Destroy Your Competition Using Workers Comp Loss Runs is an hour long (including 10 minutes for questions) look at how claims loss runs can be viewed as a treasure trove of information that will put agents ahead of the competition in the area of devout customer service.
These techniques can be implemented whether the client is a first-dollar insured; large-deductible, self-insured, or other type of insurance program.
According to the presenter – “Workers Comp loss runs have long been ignored or briefly scanned for information. Many areas of loss runs jump off the page to the trained eye. ” Mr. Moore also commented “The webinar is not only for agents. Claims adjusters, underwriters and most insurance personnel will find the webinar helpful in this oft ignored area.”
The general topics are:
- Online vs. paper loss runs
- Verifying the minutia
- Status reports
- Loss run timing
- All-or-none reviews
- Top 13 adjuster responsibilities
- Claims reserving cycle
- Authority levels
- Number secrets – Elvis’s Gold Cadillac Conundrum
- Stair-stepping
- Under-reserved vs Over-reserved
- Loss run example(s)
- Three main cost areas
- Time and expense billings
- Fines
- Rehabilitation and bill review charges
- Team Approach
Loss run examples will be supplied to cover the aforementioned topics with specific examples. A claims veteran of 28 years with a working knowledge of adjusting in over 45 states will walk the participants through a process that can easily be followed long after the webinar.
According to Mr. Moore, “This webinar will be a great accompaniment to the upcoming team building strategies webinar in July 2016.”
Related: What Does Stair Step Reserving Mean?
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