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Ensuring you pay the right amounts to the right people is our strength.
Having agreed over US$3 billion of claims for our
clients to date and achieved significant reductions in ultimate exposures. KMS offers a bespoke claims management service designed
specifically to meet your needs.
KMS will focus on the core claims management principals which will allow
you to understand your liabilities and potential problems, whilst containing
your costs.
Beginning with a comprehensive analysis of the relevant coverage issues and
the early establishment of accurate case reserves, our team will provide you
with an unparalleled claims service.
In an ever-changing claims environment,
our resource will present a range of benefits, from the recognition and maximization
of commercial settlement opportunities to the reduction of legal fees and claims handling costs.
A recognized market leader having extensive experience and expertise across
a broad spectrum of direct and assumed reinsurance business, KMS offers you
the following key services as part of your claims management strategy.
- Detailed analysis of all coverage issues
- Establishment of early and appropriate case reserves
- Development of settlement strategies, either general or case specific
- Control of legal and other claim adjustment expenses
- Reinsurance implications and reporting
- Negotiation of problematic and complex claims
- Accurate adjustment and timely resolution of valid claims
- Management and handling of claims through solvent and insolvent schemes
- Audits and inspections of cedants, brokers and MGAs
- LoC review and reconciliation
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