Blog page

The Problem

Proclaim commenced managing claims for a large property trust in 2002. At the time, an insurer was managing their claims and they had little control over their risk or their exposure.
The average cost of claims over $1 was over $15,000 that was in line with industry standards at the time but well outside our KPIs. The Trust had no control over their risk; their shopping centre staff had no idea what to do in the event of an incident; and after any incident Trust staff would just handball to the insurer, where it would get lost in a reactive process.

The Solution

We worked with the Trust to improve risk management, incident response and the claim management culture. Designing claims forms was just the tip of the iceberg – we worked with the Trust to change their model to one of early intervention where the centre staff cared about the claimants and weren’t afraid to say sorry.

We also worked in tandem with them and their brokers at renewal in providing presentations to insurers on advances in their risk program.

The Result

co-graph10 years later and we have managed over 2000 incidents and nearly 400 claims.

    • Average cost of current & finalised claims reduced by 60%
    • Average cost of all finalised claims reduced by 75%
    • Litigated claims < 5 % – down by 75%
    • Lawyers instructed including Qld PIPA claims < 10 %

Importantly – our client now feels in control of their risk.

Our experience is that our liability claims model can cut your average cost of claims by 40% or more – before you add the benefits from less time spent on claims and the protection to your brand from better claim management.

The graph right is an example of a claim portfolio (green bars) managed externally benchmarked against our results (red and yellow) for substantially similar risks. The difference in this case through the Proclaim model is 40% cost savings.

Proclaim News

This is the place for all Proclaim and industry related news we feel you should know about. Updated regularly, it's your one stop shop to be ahead of the game when it comes to commercial claim management.

View News  

The Propound

The latest from Jon Broome our Managing Director and Proclaim staffers. Musings on life, business, finance, economics, world issues, what we've been up to and some random fun stuff too! Desert island discs anyone?

View Blog  

Proclaim Collection

Since 2003 we have been building an art collection. The focus is on current contemporary works and has formed a strong connection between Gertrude artists, alumni, staff and the good folk of Proclaim.

“There are too many accidents that can befall life on a single planet.”
Stephen Hawking
Stephen Hawking