23 episodes

An insurance industry insider, David Milton talks about revolutionizing the claims process from 30 days to 30 minutes. He's Founder of Telaclaims, a company who has released software exactly to this end.

Journey to Insurance Nirvana Telaclaims

    • Økonomi

An insurance industry insider, David Milton talks about revolutionizing the claims process from 30 days to 30 minutes. He's Founder of Telaclaims, a company who has released software exactly to this end.

    EP001 - The First Episode EVER!

    EP001 - The First Episode EVER!

    In this episode we get into the reasons why we started this podcast in the first place.
    It quickly deteriorates into a chess match between David and I, but not without addressing these key points first:
    Current carriers view of the claims process and why it must be innovated. What "fine and dandy" actually means in the insurance world, and what it actually should be. Why most insurance TV commercial are focusing on the same thing to differentiate themselves from each. Main challenges the insurance industry is facing today from a consumer's viewpoint. Main barriers to acquiring insurance nirvana. Why the insurance corp and the policy holder are not necessarily in conflict. Why Harley Davidson is in real trouble.  How can insurance companies tap into the younger generation and why culture hacking is the way to do it. Is not a compliance issue. It's a cultural one. A quick trip into new age best practices and millennial engagement. Why flexibility in the workplace is the key to outcome based strategic planning. Bottom line... You must think different as a carrier. Definitely lots of room for improvement, but we're looking forward to having a lot of fun as we get better!
    Talk to you next week!
    Cheers :-)
     

    • 29 min
    Ep:002-A Tech Startup in the Insurance Industry Space

    Ep:002-A Tech Startup in the Insurance Industry Space

    In this episode David and I continue our battle of egos for supremacy and control of the conversation, but not without first sharing some pretty nifty nuggets of information about technology, insurance, and the people driving the change.
    Here are some of the convo snippets of what you're about to listen to:
    Top 3 challenges of any CEO in tech-insurance startup space. Why culture building is essential in the claims process team. Bridging the tech gap in insurance and insurance gap in tech. Soft skills rule in both internal and external communication. It's not about recipe, it's about collective beliefs. It's not just about top buy-in any more, it's about all buy-in. There's a lot of fear perpetuating non-efficient processes in he industry right now. Why you should always wear your home team colors to work and no others... Wishing our CEO would take a stronger stand on this! I hope you enjoy this episode, we'll talk next week.
    Cheers!
    Claudio
     

    • 28 min
    Ep:003 - From 30 Days to 30 Minutes

    Ep:003 - From 30 Days to 30 Minutes

    Welcome to episode # 3. We seem to be getting in a rhythm now. Still have some formatting details to take care of, that will happen in the next week or so.
    We still want to go unscripted, unplanned, and unedited. Mistakes, slips, and truths will be aired and dealt with accordingly.
    Unexpected outcome for everyone involved is, we're actually enjoying the process and having fun!
    In this episode David and I take a deep dive into the raison d'etre of our solution to speed up the claims cycle time. Something most everyone in our industry is convinced it would be extremely difficult, if not impossible to accomplish.
    As they title of this episode implies, we think differently.
    Here are some of the highlights:
    No claim gets better with age... The only good claim is a closed claim... Claims inefficiencies are mostly based on the mismanagement of these two aspects of the process... The Legacy Way vs. The Actual Way of processing claims. How Merge creates efficiencies of scale in the claims process. Stripping blockers our of our process is how we increase efficiency and effectiveness. Why hyper-specialization and breaking down the adjuster into "boots and butts" is the key to scalability and a better quality product. If you new what's inside Mountain Dew you wouldn't drink it!  
    Take care,
    Claudio

    • 28 min
    Ep:004- The High Multiplier Effects of the Gig Economy in the Insurance Industry

    Ep:004- The High Multiplier Effects of the Gig Economy in the Insurance Industry

    In this episode David and I discuss the impact The Gig Economy is having in the insurance industry.
    Here are some of the highlights:
    Why making unseemingly related connections is what creates unicorns. Data is to a claim adjusters as moving from point A to point B is to an Uber driver. Don't complicate it. Keep your process simple, and that will be incredibly hard. Ai as a whole is not a functional fix, but a component of a bigger picture. The coming freelance tsunami is bigger than we think. A quick intro of what TelaVendor.com and why it's our Gig economy power tool. Getting paid for what you know is sweeter than getting paid for what you do. Internet connected devices and how they are already impacting the insurtech space. Enjoy,
    Claudio
     
     

    • 31 min
    Ep:005 The Claims Process From Mrs. Jones' Perspective

    Ep:005 The Claims Process From Mrs. Jones' Perspective

    Once again David and I converge here on JTIN. 
    This time we discuss the claims process from the policyholder's point of view in order to shed some light of how carriers can better engage with their clients, and a few other topics:
    Why parenting and customer service have similar DNA The 3 major categories of customer complaints Why carriers must stop isolating the policyholder Three tips for adjusters to rock the claims process Enjoy it and see you on the next episode!

    • 36 min
    Ep:006 - A CMOs View of the Industry

    Ep:006 - A CMOs View of the Industry

    David decided to turn the tables around this time and interview me.
    The questions focused on my recent journey as a CMO for our Company, in the context of our solution and how it relates to the market it was designed for.
    Enjoy!

    • 35 min

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