1/28/2020 1:47:57 PM | less than a minute read

Saga joins Hastings in revealing claims inflation challenge

Get in touch

Mike Daly

Digital Claims Transformation, Insurtech, Analytics

Get in touch

Mike Daly

Digital Claims Transformation, Insurtech, Analytics

Need for technology solutions that allow insurers to both reduce costs and increase customer satisfaction at the same time more important than ever.

if you are interested in proven opportunities for auto and home/property insurance KPI improvement without eye-watering licensing costs (and No Capex) drop me an email to Mike.Daly@360Globalnet.com.

Yes- I have a natural bias but also proven solutions!

Delight customers, collapse costs and motivate claims handlers.

Saga today revealed overall claims inflation is running at around 7%, as costs in third-party damage and theft continue to rise. This was higher than its overall long-term expectation of 5% claims inflation, Saga said today in a trading update. Last week Hastings share price plummeted as it revealed a cocktail of factors in rising claims inflation would hit profits.

www.insurancetimes.co.uk/...