For the claims team, there’s no better partner than procurement to reduce costs and create more value for the business. But in most insurance companies, that’s hardly the practice.
Procurement teams are focused on indirect spend, with hardly any visibility and influence on claims spend. It’s an opportunity lost.
What can you do to change the status quo?
In a new bulletin, 4 Powerful Procurement Strategies to Unlock Value from Claims Spend, GEP’s insurance industry experts share how you can build a strong, collaborative partnership with the claims team. These strategies will help you improve customer satisfaction, reduce payouts and boost your bottom line.
Read today to learn how your procurement team can deliver beyond cost reduction and become a strategic partner to the business.