Loss adjusters have moved into a number of new areas in recent years, not least into the role of TPA. Jonathan Clark assesses this new position for loss adjusters DESCRIBED BY some risk managers as a career defining decision, the selection of a TPA service provider is a vital element of an integrated approach to […]
Time, resources and skills are the key components to why companies turn to Third Party Administrators to help with the smooth running of their business, says Terry Simister THIRD PARTY Administration, unbundling of services, outsourcing, contracting out or sub-contacting. These are all terms which, over the years, have been used to describe a situation where […]
The growing trend towards larger retentions and self-insurance has meant that organisations are faced with a number of administrative areas that were traditionally handled by insurers. Claims handling and other services come as part of the insurance package, but few self-insureds are able to provide such services in-house. As a result, the Third Party Administration […]
THE PUBLIC sector encompasses a huge range of risks and this is reflected in the variety of topics being discussed at this year’s annual conference of the Association of Local Authority Risk Managers (ALARM). The conference, which takes place at the University of Warwick on April 12-13, 1999, includes workshops and lectures on crime prevention, […]
AN EXCEPTIONALLY large number of natural catastrophes occurred last year, according to Munich Re, with losses in excess of $90bn and insured losses of $15bn. This was the second-highest total ever, and the fourth-largest total in terms of insured losses. Around 50,000 people lost their lives as a result (compared with just 13,000 in 1997). […]