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Liability Management
Proven claim redevelopment and other techniques that provide substantial reserve reductions and returns on investment.
Claim Redevelopment
Hewitt LCG provides a unique, results-driven service that has delivered millions of dollars of group LTD claims reserve reductions to the bottom lines of large self-funded employers and LTD insurance carriers. This service involves the redevelopment of mature group LTD claims in an effort to achieve a positive resolution. With changes in technology, the nature of work, medical advances, better information and diagnostics, and accommodation improvements, it is common to establish and support the re-employability of persons who have been considered disabled for a number of years. Over 50 claim redevelopment projects, typically achieving reserve reductions of 10%-20%.
Three-quarters of a billion dollars returned to clients.
Returns on investment of 3:1 and greater.
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