Catastrophe Claims Management: Lessons from Recent Disasters and Insights for Better Preparation and Handling of Large-Scale Events

Author(s)	Rajesh Goyal
Country	United States
Abstract	The efficient management of catastrophe claims plays a pivotal role in expediting recovery in the aftermath of large-scale disasters. Delays or inefficiencies in the claims process can significantly hinder the recovery of affected communities, prolonging the hardship experienced by individuals and businesses. This paper seeks to evaluate the responses of insurers to recent catastrophic events, such as hurricanes, earthquakes, and wildfires, with the aim of identifying best practices and areas for improvement in the claims management process. By reviewing these past events, this study highlights critical inefficiencies and explores the potential role of emerging technologies and improved coordination between insurers and governmental bodies in overcoming these challenges.
Keywords	-
Field	Engineering
Published In	Volume 3, Issue 1, January-February 2021
Published On	2021-02-10
DOI	https://doi.org/10.36948/ijfmr.2021.v03i01.36901
Short DOI	https://doi.org/g84d8h

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International Journal For Multidisciplinary Research