P&I Club
Claim Management
OTHER CLAIMS
SVM’s Other Claims function includes the registration of other claims by the regional users and L&R, and processing the same.
Other Claims provides information about legal proceedings and solve dispute among opposing parties. It also maintains various records about the payments, recoveries, and dues from different stakeholders involved.
INDUSTRY CHALLENGES
High operational costs
Increasing fraudulent claims
Regulatory compliance
High IT costs
Lack of management information
Poor supplier performance
Inconsistent service delivery
Poor integration
Increasing customer demand