ACM June 2022 newsletter
American Claims Management
Providing claims and risk management services to the insurance industry
In this issue, read our Property-Casualty 360?article on four claims challenges affecting insurers right now; plus, learn safety tips to prevent confined spaces hazards and fall hazards.
4 Pandemic Employment and Tech Trends Challenge Insurers
?This article by ACM President Dhara Patel published in?Property Casualty 360?on April 26, 2022.
?Insurers sell a promise, and they deliver on that promise when claims arise. That’s where the value of insurance rises to meet the challenges insurers may face in this pandemic, technology-driven era.
?2022 will continue to present some pandemic-related hurdles when it comes to employment and technology trends, for those in the claims business.
?Four key factors are impacting the claims business in 2022: 1) The labor crisis. 2) An uptick in catastrophe claims. 3) Adoption of virtual inspections. 4) Integrating more technology into claims handling.
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5 tools to prevent workplace fall hazards [infographic]
?Early May was National Safety Stand-Down Week, a reminder to employers and employees to protect their workplace from fall hazards. Every year over 300 people die in ladder-related accidents, and more than 10,000 suffer serious injuries. They are the top cause of construction fatalities and account for one-third of on-the-job injury deaths in the industry. Whether your insured (or your company, if you’re self-insured) is a construction company handling dozens of ladders daily, or is a mom-and-pop shop occasionally using a ladder to change light bulbs or access the roof, you can protect your workplace from fall hazards.
Confined space safety tips for employers
?Working in confined spaces such as duct work, equipment housings, pipelines or storage bins requires safety practices to protect your employees. These are restrictive spaces large enough to hold a worker, allowing him or her to do the job temporarily, but has a limited entry or exit. It’s crucial to protect your employees by integrating these confined space safety tips, from procedures for safe entry, measures to prevent unauthorized entry, equipment, monitoring and more.?Review the safety tips.?