Innovative program to drive over 2 points of sustainable improvement in loss ratio through best practices in claims handling
Inpoint CLIP is an innovative claims loss improvement program that enables insurers to apply best practices in claims handling consistently across their organization and contain loss cost. Based on our experience in working with over 60 leading carriers globally, Inpoint has identified best practices in claims handling for every major line of business.
Inpoint CLIP program enables insurers to:
- Benchmark Performance — evaluate claims handling relative to industry best practices and assess the magnitude of leakage and financial opportunity.
- Establish Best-in-Class Capabilities — to drive claims handling best practices across the organization. Inpoint provides proprietary methodology and Inpoint ClaimsMonitor® platform to enable insurers to develop industry leading capabilities in managing claims quality.
- Change Adjuster Behavior — by measuring and motivating the consistent application of claims handling best practices. Inpoint’s unique approach enables insurers to drive behavior change at the adjuster level – internal or independent - and ensure continuous improvement.
- Improve Loss Ratio — drive measurable reduction in claims leakage and improve overall loss ratio by at least two points.
Learn more about Claims Optimization