by Alpha Isle Services | Sep 4, 2024 | Articles
Financial risk in Medical Stop Loss (MSL) claims administration is a critical concern for managing general underwriters (MGUs), insurance carriers, and self-insured entities. Accurate assessment, verification of claims payments, and alignment with the approved Plan...
by Alpha Isle Services | Aug 29, 2024 | Articles
Fraudulent claims in Medical Stop Loss (MSL) claims administration pose a significant threat to the financial stability of managing general underwriters (MGUs), insurance carriers, and self-insured entities. Claims fraud can lead to substantial financial losses and...
by Alpha Isle Services | Aug 20, 2024 | Articles
The rise of cyber threats poses a significant risk to the integrity and financial stability of the insurance industry, including Medical Stop Loss (MSL) claims administration. Cyberattacks can lead to substantial data breaches, financial losses, and reputational...
by Alpha Isle Services | Aug 14, 2024 | Articles
Operational risk in Medical Stop Loss (MSL) claims administration is a significant concern for managing general underwriters (MGUs), insurance carriers, and self-insured entities. This type of risk arises from process inefficiencies, system failures, or human errors,...
by Alpha Isle Services | Aug 8, 2024 | Articles
Regulatory compliance in the Medical Stop Loss (MSL) claims landscape is a critical concern for managing general underwriters (MGUs), insurance carriers, and self-insured entities. Navigating the regulatory environment requires expertise and vigilance to avoid...
by Alpha Isle Services | Aug 2, 2024 | Articles
Establishing a Risk Management Department can proactively idenfity and mitigate potential financial losses for clients and captives. Read our proposal on creating this department and ask us how you can get started. Read the...
