When a new insurance company or Lloyd’s of London syndicate starts up, the one certainty is that they will have claims. It is the nature of the product that is being sold. The variables around the claims function are considerable and it is recognised that costs must be contained. Elaine Mason’s wealth of experience can provide the company with executive claims knowledge to assist the organisation develop and implement its claims plan.
Belvedere Mead can support a start-up or new division develop and grow its claims function while keeping its fixed cost overheads to a minimal level by providing a flexible management resource.
By combining a number of the services which are available as stand alone solutions a comprehensive cost effective package can be provided to support start up organisations, from producing a claims strategic plan through to individual claims handling covering the IT solutions and risk control parts of the function along the way.
We will work with your organisation to ensure that you receive the right level of claims expertise at the times when you need it. This allows the organisation to have an expert claims voice without the need to employ full time claims staff in the initial days of operating.
As growth is achieved and the portfolio of claims grows we recommend appropriate staffing levels and assist where necessary to ensure the right individuals are employed at the right levels, this ensures that the fixed costs are minimised whilst efficiencies are maximised.