Claims Management
Even with a safety plan in place, claims can still happen. With a quick response from you to our experienced claims team we can work to minimize the impact of the claim on your business.
Our talented Claims Management Team works tirelessly to oversee the proper resolution of claims. Market Financial Group’s Claims Consultants give you effective education and training to assist you in constructing the fitting internal protocols for claims investigation, handling, monitoring, and reporting. In addition, they operate as mediators between our clients and insurance carriers in order to communicate and negotiate specific claims, perform claim reviews, manage difficult claims, negotiate reserve amounts, and set claims strategies.
In addition our staff is trained in all aspects of the claims processing including:
· Process claim notifications to appropriate insurance carriers
· Monitor and follow up on large claims to accelerate the settlement process
· Review claim reserves and evaluate the accuracy of reserve levels · Perform claim audits to evaluate the claim handling performance of the insurance carrier · Coordinate and attend claim review meetings · Review loss runs on a periodic basis · Review loss runs for accuracy and correct errors · Review, analyze, and negotiate claims service standards and agreement with insurance carriers · Assist customer in loss adjustment · Review denied claims for correct coverage applications · Review loss bilings for acccuracy