How you manage and reduce business risk is critical to your company's success. As a third-party administrator, Constitution State Services brings skilled professionals and innovative tools and resources to help you manage your total cost of risk and strengthen your business advantage.
As business risks continue to evolve, having access to specialized claim services from an experienced third-party administrator (TPA) could give you a competitive edge by protecting your bottom line. Here are five things to look for when evaluating which TPA may be the best fit for your business.
Predictive analytics models can help detect fraud, reduce attorney involvement, and pinpoint the most effective resolution strategies for each claim. Here's a look at four ways that Constitution State Services is using predictive analytics to improve claim resolution and contain lost costs.
Even a single liability claim can lead to a lawsuit that could result in a multimillion-dollar loss. Developing a comprehensive claim management program with a TPA that aligns with your business goals and establishes an intelligent and consistent approach to claim handling and resolution can help contain litigation risks. Here are some ways a TPA can help your company make the right moves to limit your liability exposure.
About Our Company
Constitution State Services is a custom service provider and subsidiary of Travelers.