Legacy Claims Management: Empowering Progress and Growth

Effective solutions and precision in addressing complex legacy claims

Legacy claims management comes with its own set of unique challenges that can hinder carrier growth and drain valuable resources. Gallagher Bassett’s Legacy Practice Group offers a specialized solution designed to help carriers overcome these hurdles and efficiently handle claims associated with discontinued programs.

For legacy claims, reducing costs and expediting outcomes is the key to unlocking operational efficiency and profitable growth. Yet, in an industry where claims talent is scarce and retention is challenging, swiftly processing complex, old, or underperforming claims portfolios is not easily achieved.

Gallagher Bassett’s Legacy Practice Group, composed of dedicated claims resolution experts, stands ready to tackle burdensome older claims from discontinued programs, allowing your talent to instead work on live programs that will drive your business forward. Through cutting-edge claims technology and a laser focus on superior outcomes, we spearhead strategic solutions for legacy portfolios. This approach provides carriers with:

  • Access to the industry’s #1 RMIS suite, Luminos, delivering unparalleled analytics and risk management insights
  • A dedicated Legacy Practice Group offering tailored solutions for your legacy claims portfolio
  • Decades of claims expertise to optimize resources and drive optimal outcomes
  • Seamless integration facilitated by our dedicated Implementation Team, expertly transferring incorporating files trapped in outdated systems

Our dedicated Legacy Practice Group is entirely focused on addressing the unique needs of the legacy claims sector. We don’t just manage claims; we drive results.

Our success stories and measurable achievements demonstrate the positive impact we bring to carriers.

Speak to one of Gallagher Bassett’s Legacy Practice experts to learn more about how you can overcome legacy barriers and unlock long-term success.

What our clients are saying

Our Expertise

Dedicated Carrier Practice Team Members
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Claims Handled
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Claims Paid
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Award wins

Resources

GB Carrier Practice Capabilities Overview

We understand that carriers are under pressure to grow profitably, continuously develop products, expand in markets, delight customers, and keep pace with technology.

Legacy Claims Management

According to a recent survey*, roughly 30% of run-off deals are motivated by disposing of non-core business; over 15% of relate to trends in social inflation and managing…

LUMINOS: Leverage Hybrid RMIS Solution

Step outside the boundaries of traditional claim inquiry and transactional reporting. Learn how to successfully manage all of the applicable risk data and…

Case Studies

April 2022

North America: Improving Performance and Outcomes for an Industry Start-up

A start-up MGA and its carrier partner engaged Gallagher Bassett to initiate and manage the launch of its newest program. After two successful years, the start-up elected to harness their learnings and manage their own in-house team. GB was eventually reengaged to enhance performance and integrate additional improvements for continued growth including exposure-based staffing, policy level data transmission and enhanced compliance with Carrier Practice standards.

Featured Blogs

Insights

Luminos Awarded Most Comprehensive Product Offering

In today’s challenging economic landscape, carriers are prioritizing operational and commercial efficiencies. This has prompted the insurance sector to focus on solutions for legacy claims and underperforming lines of business. Here, Jon Stambaugh discusses the opportunities for carriers to address legacy liabilities and improve operational outcomes.

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Insights

CLM 2024: Unleashing GB’s Expertise to Support Our Partners

Setting yourself apart is crucial for success, and this rings especially true for MGAs and PAs navigating a crowded marketplace. Here, Amy O’Brien, VP — Carrier Practice Sales, shares strategies and expert advice on achieving a high-performance claims operation. Join us as we delve into practical insights that can empower MGAs and PAs to elevate their market presence.

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Insights

GB Experts Reveal Their Top Insights from RIMS

The New Year is here, and with it comes new opportunities and challenges for the carrier marketplace. Joe Berrios and Jon Stambaugh share the findings of our 2023 survey and discuss the key themes and top priorities for our partners across the industry this year.

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Insights

Strategies for MGAs and PAs to Thrive in a Crowded Carrier Marketplace

Setting yourself apart is crucial for success, and this rings especially true for MGAs and PAs navigating a crowded marketplace. Here, Amy O’Brien, VP — Carrier Practice Sales, shares strategies and expert advice on achieving a high-performance claims operation. Join us as we delve into practical insights that can empower MGAs and PAs to elevate their market presence.

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