E-signatures to support claim payments have improved process, says mutual
Income protection specialist Holloway Friendly paid 98% of claims during 2018, a 2% increase on last year's figure. The mutual society paid 100% of claims in Q2 2018. "We always look for ways to pay claims and this is shown in our claims figures," said Suzy Esson, head of operations for Holloway Friendly. "Our claims team have outdone themselves and constantly review the way income protection claims are assessed to break down barriers of traditional claim assessment and enable decisions to be reached in just hours, instead of weeks. This means our members receive payments without hass...
To continue reading this article...
Join COVER for free
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.