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SELF CLAIMS ADMINISTRATION In today’s litigious society, taking direct control of Claims Management has proven to be the single most important advantage to forming a Self-Insurance Captive/RRG Insurance Company for many business owners. By example, one Business Group that formed a Captive 3-years ago, noted that before the owners took charge of claims, 70% of all claims required payment before settlement, with only 30% closed without payment. TODAY, 70% of all claims are being closed without payment and only 30% are closed with payment. Risk Management and Claims Administration has been combined as part of the claims process with significant results. Assuming management and control of the claims process is becoming the surprise number-one benefit of Self-Insurance. CLICK TO: ◘ Self-Insured Advantages
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