Claims Consultancy Services At Fitz & Co, we strive to deliver a leading claims consultancy service that is second to none in the marketplace. We pride ourselves on tailoring support to suit our clients’ individual needs and level of claims sophiscaon, from those who have a team of in-house claims professionals to others with no internal claims resource. We help our clients proacvely manage their claims porolio and reduce overall costs. Fitz & Co provide specialist liability claims consultancy services aimed at reducing clients’ Total Cost of Risk (TCOR). We help clients improve outcomes on large or complex losses or where they have high numbers of lower value claims. This improves the boom line for self insured enes, and premiums reduce for ground-up policyholders. We help clients create best in class efficient and workable cradle to grave claims processes and improve their ability to defend claims across all liability classes. We also provide a range of services tailored to improve loss prevenon strategies. The main classes we cover include Employers Liability (EL), Public Liability (PL), Professional Indemnity (PI) , Products Liability and Motor.
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Claims Consultancy Services
At Fitz & Co, we strive to deliver a leading claims consultancy
service that is second to none in the marketplace. We pride
ourselves on tailoring support to suit our clients’ individual
needs and level of claims sophistication, from those who
have a team of in-house claims professionals to others with
no internal claims resource. We help our clients proactively
manage their claims portfolio and reduce overall costs.
Fitz & Co provide specialist liability claims consultancy services aimed at reducing clients’
Total Cost of Risk (TCOR). We help clients improve outcomes on large or complex losses or
where they have high numbers of lower value claims. This improves the bottom line for
self insured entities, and premiums reduce for ground-up policyholders. We help clients
create best in class efficient and workable cradle to grave claims processes and improve
their ability to defend claims across all liability classes. We also provide a range of
services tailored to improve loss prevention strategies.
The main classes we cover include Employers Liability (EL), Public Liability (PL),
Professional Indemnity (PI) , Products Liability and Motor.
Total Cost of Risk (TCOR) reduction methodologies
Attritional claims portfolio management
Technical high value and complex loss support – evaluation of evidence, review of
legal and policy liability, quantum/reserving, engagement with experts, lawyers,
Counsel, insurers, clients at all levels, strategy input, meetings, written reports/
correspondence
Claims Investigation and handling services—site visits, desktop investigations, cradle
to grave claims handling, MOJ portal management
Technical claims auditing – technical and process review of insurers/claims handlers/
solicitors/Third Party Administrator (TPA). Detailed reporting and analysis,
benchmarking performance, identifying and managing strategies to reduce claims
leakage, enhancing communication protocols, claims supply chain management,
claims relationship management
Claims defensibility – analysis and provision of risk improvement strategies via
generic/specific reviews, technical output reports, remedial recommendations and
implementation e.g. training, process and documentation improvements
Claims handler/TPA selection processes - evaluation of client needs, strategic
management of tender documentation and processes, selection, appointment and
implementation of new TPA to include run-off claims management
Loss scenario modelling and policy stress testing – policy and contractual analysis,
