Claims Vendor Management Assessment
Project scope
Categories
Accounting Market research Operations Project managementSkills
vendor management innovationProblem Statement: How do we reduce claims costs and provide exceptional service by changing the way we work with, manage, and engage Claims vendors?
Potential Areas to Cover:
- Assess current state
- Provide competitive landscape, within the insurance and outside the insurance sector
- Apply innovative intelligence to propose solutions
- Benefits realization: Establish a framework for assessing that the recommendations/strategy led to a material improvement
- Recommendations to reduce expenses
- Propose a strategy
About the company
The Co-operators is a leading Canadian multi-line insurance and financial services co-operative with $41.7 billion in assets under administration. Our subsidiary companies provide solutions in four core areas: property and casualty (P&C) insurance, life insurance, institutional asset management and brokerage operations. We are supported by 5,350 employees and a dedicated financial advisor network with 2,753 licensed insurance representatives throughout Canada. We also serve 252 credit unions with more than 5.7 million members.
The Co-operators is ranked among the Best 50 Corporate Citizens in Canada by Corporate Knights and listed among the Best Employers in Canada.