Given the large number of annual auto claims, insurers face high investigation costs, inconsistent settlements, and indemnity leakage due to fragmented processes and outdated workflows. Genpact's one-stop, scalable third-party administration (TPA) solution integrates seamlessly with most insurers, streamlining claims processing, reducing costs, and ensuring faster, more accurate settlements to boost customer satisfaction.
Here is how we approach a bodily injury claim:
Same-day contact with injured parties and police report retrieval
Coordinate scene investigations and communicate with plaintiff attorneys
Obtain medical and wage authorizations, review medical bills and reports
Verify lost wages and track recovery progress
Maintain detailed documentation
Negotiate settlements and secure final release
This thorough approach also applies to comprehensive, collision, property damage, and uninsured motorist claims.
Genpact's end-to-end auto claims TPA solution integrates seamlessly within the insurer's process, remotely or in our system, tailored to your business goals and regulatory needs.
Clients using our centralized approach have reported:
Faster claims cycle
Lower loss adjusting expenses and revenue leaks
More accurate liability, subrogation, and arbitration
Reduced legal expenses
Optimized inspection strategies and estimates
Higher customer satisfaction and retention