IFarm underwriting, a specialist MGA, has collaborated with Reserv, a third party administrator (TPA) which aims to reinvent insurance claims for transforming it’s claims services.
Reserv is a digital-native TPA focusing on next generation automation technology and AI to leverage speed, advanced data science, and simplicity to satisfy it’s customers, insurance adjusters, and carriers. Whereas, IFarm Underwriting is a specialist farm MGA, part of Rokstone, the Aventum group’s International Specialty (Re)Insurance MGA.
The following partnership has a motive to reconstruct entire UK agricultural claims handling to Reserve Claims Analysis, the digital third-party administrator (TPA) arm of US-based Reserv, Inc.
IFarm Underwriting’s agricultural book, which comprise of motor, property, and liability claims, was facing ups and downs that many UK and EU carriers/MGAs face today when outsourcing claims to a TPA.