CAT Response Management – Insurance

Accelerating the response process after a catastrophic event offers opportunities for carriers to reduce claims escalations, reduce the cost of policyholder losses and otherwise achieve greater satisfaction among policyholders, agents and brokers.

TACCS™ enables a carrier to seize the initiative. By projecting losses to individual properties based on actual conditions, carriers need not wait for the first notice of loss to put their adjusters in the field. Carriers can pre-plan the best way for adjusters to organize their actions to meet best practices and managements’ objectives. And being first into the field improves the opportunity to identify insureds’ losses, start repairs quickly and be first in line if resources are in short supply.

The prospects for doing it right the first time are improved because TACCS™ can provide key underwriting and other information to adjusters for each loss through its web interface. By integrating information from the carrier’s databases, from existing claims management, estimating and other 3rd party software, and from camera feeds from mobile phones, drones and other sources, TACCS™ puts the same critical information in the hands of the adjuster, the CAT team supervisor and the home office so decisions can be made on the spot.

TACCS™ reporting capabilities can produce an up-to-the-minute status of adjuster activities, including site visits, settlements, advance payments and assignments to vendors in formats designed by the carrier for consumption by agents, brokers, claims management and executives, including a summary dashboard.

TACCS™ is the solution combines all of the carrier’s information with enhanced technologies to improve CAT response management and achieve better outcomes.

 

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