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Claims

Gen Re has been meeting its claims obligations for more than 100 years. We are in it for the long term and will be here when our clients need us.

Gen Re clients don’t have to go it alone. Our Claims team stands ready to work closely with yours before, during, and after a claim to help you achieve the best outcome for your insureds.

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Want to improve results? Be more efficient? Better serve and retain your insureds?

Our one-on-one service helps you deliver the best possible claims outcomes. From assisting in your analysis of challenging losses, to helping you get up to speed in a new line of business or new jurisdiction, we are here to help meet your needs. The combination of your technical strength and our industry perspective results in your competitive advantage. 

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WHAT ARE YOUR CONCERNS?

Does your Property team have an effective and tested Cat plan in place? Has the challenging Casualty environment resulted in an increasing number of limits demands and jury trials? Does your Workers’ Comp team need help navigating emerging issues and medical severity? Will your team benefit from continued professional development? We’re here to collaborate to navigate these challenging times together.

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Looking for timely and relevant information designed to help you be more successful?

In a claims environment that is increasingly challenging and ever-changing, we help ensure you have the information and tools you need to succeed. Our partners have different needs, so we tailor what we know to what you need – giving you relevant information on cutting-edge issues and trends. 

Our Services

The world of Claims continues to face new and difficult challenges. Property insurers are facing challenges on many fronts: increases in materials and costs, labor shortages and changing weather patterns. A single claim might be your largest of the year. The Casualty business is volatile, unpredictable, and long tail: Nuclear verdicts, policy limits demands, and increased bad faith litigation have become the new normal. 

Gen Re Claims is here to help.

As part of the Gen Re commitment to excellence, our experienced and dedicated Claims team is genuinely there for our clients. Our direct relationship with you eliminates the middleman, ensuring that your claims receive immediate attention: Our standard is to issue your payment within 5 business days – no need to spend time or resources chasing your reinsurance recoverables. 

We provide you with knowledge and information designed to fit your needs. Our claims reviews provide meaningful observations and feedback on individual losses, claims handling practices and operations.

We will focus our review on what matters most to you – claims adjustment, reserving, operational reviews, etc.

We see large losses every day from across the industry, and we share our knowledge and perspective with our clients. Your assigned Claims Executive will work closely with you to ensure that you have the resources and information to help you make the best decisions for your business.

Put our knowledge and expertise to work for you.

Our Casualty and Workers’ Comp teams provide technical expertise in a variety of subject areas, from individualized training on a new line of business, to acting as a sounding board on difficult and unusual claims, assisting with expansion into new jurisdictions, and third-party administrator vetting.

Our Property team provides insights on coverage, claim adjustment and assessment, salvage and subrogation, and litigation – and more. We also have experience with experts and consultants throughout the country who can respond quickly when expert technical knowledge and speed is critical. 

We host training workshops, Claims Roundtables, and Webinars for clients to refine their technical claims capabilities, allowing them to stay abreast of and engage in thought-provoking discussions on trends and special-interest topics with insurance and reinsurance industry peers.

We’ve spoken on topics such as these: Emerging Issues, Social Inflation, Nuclear Verdicts, Public Nuisance, Biometric Information, Claim Reserving, EPLI, Business Interruption, Green Construction, Builders Risk, Contract Terms and Conditions, Valued Policy Laws, Subrogation Laws, and Lessons from Losses.

Featured Topics

 

PFAS Regulation and Development at the European Level with Focus on Germany and France
PFAS, a group of persistent chemicals, also known as “forever chemicals” pose a risk to the environment and human health. This article highlights the multitude of existing and planned regulations and bans in Europe and describes some of the lawsuits related to PFAS contamination.
Lisa Murr, Alix Pardo
That’s a Robotaxi in Your Rear-View Mirror – What Does This Mean for Insurers?
We’re starting to see more of them – vehicles with cylindrical devices on top. They seamlessly merge in and out of traffic, signaling turns and making stops well within safe driving standards. Passengers enter and exit without incident. All appears normal, except: No one is behind the wheel.
Timothy Fletcher
Buildings Made of Wood – A Challenge For Insurers?
Building with wood is a global trend. Timber construction offers a high degree of prefabrication, good thermal insulation properties, high strength and load-bearing capacity with a comparatively low dead weight. However, the risk of fire is high. We explain the possible risks and point out risk reduction measures.
Leo Ronken
New Mandatory National Tables for Bodily Injury Compensation in Italy
The Italian compensation system was previously discretionary. Now, after almost 20 years, the law providing National Tables (Tabella Unica Nazionale – TUN) for compensation of bodily injuries has been published. We provide initial comments and an analysis to identify the potential impact of the new law.
Francesca Nozzi

Events

Here are some of the upcoming industry events our team is attending in the next few weeks. Please stop by and say hello!

Mutual Events

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