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Assignment of Benefits—BUYER BEWARE

Typically I like to use our newsletters to discuss business related items, such as ways to increase sales, or new customer service initiatives that help increase customer retention. However, with the recent uptick in a new kind of mitigation contract that is negatively affecting our industry I thought it would be beneficial to discuss Assignment  Continue reading...


How AOB Adversely Impacts Claims

 

When your clients have a home emergency such as a water or roof leak, they need to be aware that service contracts generally include one or two paragraphs regarding, “Assignment of Policy Rights and Benefits,” also known as “AOB.” This article discusses a few ways AOB adversely impacts the ability of insurance companies to take care of their claim efficiently, and how the People’s Trust Better Way approach reduces fraud and excessive AOB claims costs, minimizes risk and improves loss ratios.  Read More

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