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Claims Focus - London Market - Claims key to London's status.
(From Reinsurance)
London's position as the leading world reinsurance hub is under threat from Bermuda and New York, according to a new white paper from (re)insurance technology solutions provider RebusIS.
The white paper - E-Claims: Unlocking Value - claims that one of the biggest complaints about doing business in London is cost, with some firms feeling that as web placement of risk increases, there will be less need for a centralised marketplace.
Claims processing is perhaps the biggest expense affecting insurers.
Recent research from RebusIS showed that e-claims ...
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