insurance claims management

Insurance claims management is the process of handling requests from policyholders seeking coverage for damages or losses. It involves receiving the claim, reviewing its details, verifying coverage, and assessing the extent of the loss. The goal is to determine the validity of the claim and calculate the appropriate benefit or payout. This process ensures that policyholders receive fair and timely compensation while managing the insurer’s risk and costs. Effective claims management relies on clear communication, thorough investigation, and adherence to policy terms to achieve a balanced and efficient resolution.