If the project goes off course, the end result may not be what the insurer intended to have in the first place; requiring even more investment further down the line. This is where the significant need for Solution Assurance comes in.
There are several causes of claims leakage, and the preventions aren’t always easy to achieve (especially without expertise).
In the modern project world, the Product Owner is a keystone member of the team. Acting as a bridge between strategy and execution, Product Owners are vital in a programme that holds a significant investment.
Working on behalf of the Ministry of Justice (MOJ), the portal (named Official Injury Claim) will allow those claiming compensation to make a claim without any legal or financial help.
The Financial Conduct Authority (FCA) has proposed that insurance firms implement rules around pricing practices by the 1st of October 2021.
