Fortify Risk’s Claims Advocacy & Reduction services enable businesses to more effectively manage insurance claims, reduce financial exposure, and streamline dispute resolutions. Our proactive approach targets optimal outcomes by advocating for fair settlements, minimizing claims frequency, reducing claims severity, and enhancing overall operational efficiency.
We implement structured claims management systems, including early incident reporting, thorough investigations, and claims prioritization. . With tenured risk managers with an average of over 30 years of experience preventing and managing losses, Fortify Risk helps identify claim trends, reduce fraudulent activities, improve recovery programs, and build effective return-to-work strategies.
Fortify Risk continuously measures claims performance through key risk performance indicators that are customized for your specific operation, industry, geography, and other exposures. Our ongoing optimization and rigorous advocacy help your organization reduce insurance costs, prevent unnecessary litigation, and build resilience through a comprehensive claims management strategy.
It is estimated that for every workers’ comp claim, there is a 4X multiplier for overall organizational impact. Other types of claims can be similar. So when penciling the cost benefit of reducing claims in the long-run, make sure you are using a 4X multiplier at a minimum. Simply put, our claims management efforts typically return a much larger long-term total cost of claim (TCoC) savings than our consultant fees cost you.
