Underwriter Services

Outstanding Loss Reserve Reviews (Static Reserves)

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Any reserve which has remained static for more than 9 months is potentially no longer accurate.

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Furthermore, there is a chance that the file could be closed down.

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The only way to ensure ongoing accuracy is to continually contact brokers/clients/TPA's requesting a status update, and to then arrange for any resulting entry that may be required, to be processed.

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This can prove a painstaking and time-consuming task for an already busy claims department. made more difficult by the fact that accounts and individuals regularly move from one broking house to another.

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Unlike other service providers in this field, we do not send large, non-descript spreadsheets to a central broker contact once per month.

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We strive to identify the individual actually responsible for the claim and then correspond directly with that individual, until the reserve is satisfactorily updated.