Subscribe and receive new posts by email from Northwood. You can withdraw your consent at any time.

  • COVID-19: LONG-TERM IMPACT ON THE INSURANCE INDUSTRY

    COVID-19: LONG-TERM IMPACT ON THE INSURANCE INDUSTRY

    The year 2020 has been incredibly challenging in many respects. One of the largest and most often discussed challenges this year is the COVID-19 pandemic. It is fairly well known that the pandemic itself has produced a ripple effect of difficulties for nearly every industry, and the insurance industry is no exception. Shorter-term impacts on

    Read more →
  • Looking Past the Pandemic

    Looking Past the Pandemic

    A major priority of insurance companies centers around holding down or reducing costs associated with automobile no-fault and workers’ compensation claims. In a typical year, this priority is a fairly standard one. However, the current year has seen some major upheaval across nearly all industries due to the COVID-19 pandemic. The insurance industry is no

    Read more →
  • HOW NORTHWOOD HELPS IMPROVE THE BOTTOM LINE

    HOW NORTHWOOD HELPS IMPROVE THE BOTTOM LINE

    Reducing costs and maximizing efficiency are priorities that generally stay top of mind for most insurance companies throughout the year. However, to improve the bottom line becomes even more critical when faced with additional challenges that are occurring at this time. It can be extremely helpful to partner with a company that can assist you

    Read more →
  • Claimant Satisfaction Translate Loyalty

    Claimant Satisfaction Translate Loyalty

    The claimant journey impacts many things within your insurance company. The main priority within each claim is to indemnify the claimant, but there are several other important things to keep in mind as your examiners and adjusters administer claims. In fact, approaching each claim with an eye toward ensuring your claimants are satisfied can translate

    Read more →
  • Worker’s Compensation and COVID-19

    Worker’s Compensation and COVID-19

    Workers’ compensation insurance can be a complicated subject, as insurance companies that administer these types of claims know. There are multiple factors that go into workers’ compensation claims, which means that examiners must be well-versed in the field to be effective at administering these claims. Furthermore, the claimant’s indemnification must be top of mind for

    Read more →