Overview
After verifying coverage, the next step in the claims process is evaluation, determining the monetary value of the claim and what is allowable under the policy. This course reviews the entire claims-handling process, emphasizing evaluation and its ethics. It covers first-party and liability claims, including case applications to illustrate key concepts.
Learning Objectives
- explain how claims evaluation fits into the overall claims adjustment process
- describe the processes used in evaluating first-party and third-party claims
- explain the distinction between evaluating damages and evaluating liability
- explain and evaluate various techniques used in establishing claims reserves
Designed For
Property and casualty insurance agents, brokers, adjusters, and claims professionals at any level in their career
International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.
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