Insurers should 'prepare for claims surge'

Due to coronavirus

Adam Saville
clock • 1 min read

Society of Claims Professionals issues good practice guide as insurers claims increase during COVID-19

Among the recommendations, the industry body has suggested insurers should establish a ‘Surge Group' to be adequately prepared. The Society of Claims Professionals issued six points which should be addressed by insurers when handling an increase in claims. Use predictive data wisely. Manage staff levels appropriately. Get in the mindset of the customer. Identify at-risk customers. Provide accessible and consistent information. Follow-up with a post-surge service. Jeremy Trott, non-executive director of the Society of Claims Professionals, said: "The sudden outbreak of ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

The COVER Review: A budget on the horizon, private healthcare and product launches

The COVER Review: A budget on the horizon, private healthcare and product launches

Week commencing 1 September 2025

COVER
clock 05 September 2025 • 1 min read
Autumn Budget 2025 set for 26 November

Autumn Budget 2025 set for 26 November

Investment and reform

Cameron Roberts
clock 03 September 2025 • 3 min read
The COVER Review: FCA updates, acquisitions and IPT

The COVER Review: FCA updates, acquisitions and IPT

Week commencing 25 August 2025

COVER
clock 29 August 2025 • 1 min read