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Operational Expansion

Don’t let capital constraints delay your expansion plans

Insurers are under pressure to grow and expand profitably but may be constrained by high fixed operating costs and upfront capital. Instead, engage in a strategic partnership with Gallagher Bassett to streamline your operating costs and unlock opportunities around the world and in new product lines.

As Australia’s most experienced claims TPA, we have the size, scope and strategy expertise to help partners realise their growth potential via cost-effective staffing solutions, leading performance tools and our respected global operating model.

Trusted by the industry’s biggest entities, our reputation and global capabilities mean you can grow with the confidence that comes when you are backed by one of the world’s largest insurance risk management companies.

Let Gallagher Bassett accelerate your expansion plans by:

  • Reducing loss costs and unallocated expenses
  • Boosting your claims resolutions
  • Reducing your expenses per claim
  • Delivering consistency of operation during peak and valley periods of demand
  • Supporting you in multiple locations around the world
  • Informing relevant strategies and growth plans based on in-depth analysis

What Our Clients Are Saying

Our Expertise

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Industry Recognition

5-Star Employer of Choice 2022
2022 Elite Women in Insurance
5-Star Insurance Innovator
2022 Rising Stars

Resources

April 2022

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.

April 2022

Insurer resilience in a rapidly changing world: Finding opportunities in the value chain

In times of uncertainty, insurance carriers can remain resilient and continue to grow…

April 2022

Five Expert Tips to stand out from your mutual and mid-market carrier competitors

Gallagher Bassett’s specialist carrier team shares its advice to meet and exceed the cha..

April 2022

How GB Partners with Mutual Carriers to grow profitably

Within a dynamic insurance marketplace, the ability to continuously develop products,
expand in markets, attract and retain talent, delight customers…

Case Studies

Accident & Health Claims for a Large Australian Insurer

As a global insurer listed on the Australian stock market, QBE Australia is active in the corporate Accident & Health market and underwrites Travel, Expat and Group Personal Accident programs for global corporates.

Most policies are placed via intermediaries ranging from large brokerages through to mid-tier and SME firms. Gallagher Bassett’s contract to deliver claims services to QBE is now into its 10th year. 

Australia and New Zealand: Catastrophic Claims and Event Response

New Zealand residents rely on EQC to provide efficient claims management in the aftermath of an earthquake disaster. They need timeliness and accuracy in lodging, assessing, quantifying loss and settling and resolving claims.

Featured Blogs

Insights

Robust Cost Containment Strategies to Reduce Average Claims Cost

It is no secret that one of the keys to success in the insurance sector is the ability to reduce average claims cost – but that can be easier said than done, particularly when claim complexity and volumes soar. It is one thing to talk about resolving claims as efficiently and accurately as possible but another to make it a reality while juggling multiple claim situations, staffing concerns and potential fraudulent claims. Here, we explore four important aspects of a robust cost containment strategy that helps reduce average claims cost while improving outcomes for policyholders.

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Insights

Introducing the Carrier Perspective for Your 2024 Outlook

We are excited to launch “The Carrier Perspective: 2024 Claims Insights” whitepaper. Based on a global survey of 150 carriers, delve into the transformative shifts impacting insurers, from technology advancements to regulatory changes and global trends. The Carrier Perspective is a comprehensive exploration that offers invaluable insight into trends, challenges, and opportunities to drive success for carriers this year. Read on to stay ahead of the curve in 2024.

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Insights

Unlocking Growth Opportunities Through Legacy Claims Management

In a world where insurers are under increasing pressure to identify growth opportunities, legacy claims portfolios can sometimes be a millstone that tempers growth aspirations and opportunities. Learn how Gallagher Bassett is combining industry expertise, leading technology and strategic insight to help turn what can be a financial burden into a source of capital generation.

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Insights

Elevating Strategic Decision-Making through Data Insights

In the rapidly evolving landscape of the insurance industry, the key to future success lies in harnessing advanced data insights. Amidst a sea of information, the challenge for insurers is to confidently navigate their decision-making processes. Gallagher Bassett’s Head of Client Insights, Ben Middleton, delves into the intricacies of forging robust connections between claims managers and clients, revealing the key to elevating strategic decision-making through the lens of data insights.

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Download Our Global Insurance Industry Whitepaper

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