Mat Muholland, aka “One T,” stopped me whereas strolling the exhibit corridor of the SRC Summit. He requested me if I needed to shoot his hail gun. His newest hail gun version carries a three-hail ball load. Suspicious Steve Badger requested whether or not this was the newest method for creating fraudulent hail dents on a roof.
Talking of Steve Badger, he was the ultimate act of the SRC Summit. His roast was really humorous. It was taped, and I’ll definitely buy the highlights. I additionally commend Steve for giving it again to us and taking the puns in good nature. He’s a category act.
I additionally spoke to a room of restoration contractors on behalf of the American Policyholders Affiliation about what I referred to as “the brand new playbook” insurers are utilizing towards them. I started with a easy query: “Who needs to be identified for high quality work, completely happy clients, and a long-lasting enterprise?” Each hand went up. That reply framed your entire dialogue.
The strain insurance coverage restoration contractors and roofers really feel just isn’t random. It displays a broader sample orchestrated by many insurers, indicating that contractor fraud towards insurance coverage is pervasive. Insurers manage by means of aligned trade teams, form public notion by means of repeated fraud narratives, after which level to the uncommon prosecutions as proof of a bigger downside. The result’s a local weather of suspicion that makes it simpler to justify underpaying claims and tougher for trustworthy contractors to function with out reputational danger.
The insurance coverage trade narrative wrongly means that restoration contractors plan to do shoddy work, rip off their clients, and are in it for the brief time period killing they’ll make. This merely just isn’t the case. Whereas there are a number of dangerous apples that match that narrative, no person of their proper thoughts and with character would ever run a enterprise in that method. The narrative by some within the insurance coverage trade is solely to assist it body a claims response that’s arduous and suspicious.
One of many recurrent themes once I give speeches is how former claims adjusters will share tales about how they have been taught to deal with claims. One adjuster in yesterday’s viewers instructed tales about how contractors are portrayed as rip off thieves by claims managers in role-play coaching periods. He additionally mentioned how insurance coverage claims managers “deselected” consultants if their studies have been too favorable for the policyholder. I all the time study once I put together for and provides a speech.
Congratulations to April Corridor and her employees. The SRC Summit was one of the best organized one she has ever produced.
Thought For The Day
“We form our buildings; thereafter they form us.”
— Winston S. Churchill
