THE CASE FOR SPECIALIZED CLAIMS HANDLING

摘要

Recycling facilities have unique risks based on the specialized nature of their materials and operations. First-party claims-those paid directly to the insured-can stem from a plant fire or theft incident on the premises. There's also the potential for third-party claims, which involve harm to a person or damage to a company other than the insured. Given the specialized characteristics, challenges, and nature of claims in the recycling industry, it makes sense to have insurance claims handlers who understand the nuances. Specialized claims handling is a cornerstone of many recy-clers' risk management strategy, allowing them to resolve their claims faster, without litigation, and at a lower total cost of risk. Claims adjusters who specialize in the recycling industry also have the advantage of responding to similar claims for many operations. This allows them to share the technical expertise and observations they have gleaned with the industry and resolve claims in the best manner.