What’s not a benefit of AI in claims
Learning customer behaviours
Max claim for damage to own catering equipment away from the hotel
2k
Claims stat least likely to be reviewed by a claims manager
Number of claims declined
FCA requires insurers to consider this when renewing a policy
If the policy was bought with another good or service
Purpose of claim reserving
Set adequate premium rates
Intermediary required to do when handling claims
Manage conflicts of interest fairly
Who do insurers have to submit financial statements including estimates of outstanding claims
PRA