In the risk management and claims world, the more an organization can reduce the total cost of risk, the better.

To that end, according to Dawn Zoppa, executive director, Commercial Business at Marsh ClearSight, a business unit of Marsh, managing the total cost of risk as it relates to claims includes adopting automated strategies that more easily deliver periodic claim, safety, compliance and other types of audits to ensure all programs are performing as expected.

Marsh ClearSight, that means serving two main client groups, one being the risk management departments of client organizations, and the other being carriers and third party administrators (TPAs) serving their own clients. In both cases, the advantage of having an auditing platform to manage claim costs in today’s economic landscape, whereby everyone is trying to do more with less, is proving to be a winner. Read more at Risk & Insurance.