We have restricted resources and as a result we are not able to offer the choices of cover that the commercial insurers can. Can you help us with this?
Yes, through analysis of historical data and combining this with trends and patterns, the consultants at BEST can use their expertise to help you to remodel your mutual fund so that you are able to offer a wide choice of benefits and excess levels.
We have had deficits in past years and so we have not been able to offer premium stability to the schools. What can you offer to help solve this problem?
We can help you to underwrite your scheme and ensure that equitable premiums/contributions are being applied. Once this has been established we can offer a level of insurance protection on your fund which can help provide stability.
Our claims system is paper based and very time consuming for everyone involved. Do you have an electronic solution for this problem?
Yes, BEST have partnered with an IT business specialising in providing electronic/online claims and database management systems for local authorities.
More specifically, they have built an electronic claims system which is tailored to your scheme’s specifics and incorporates end to end claims management, and a suite of comprehensive reports off the back of it.
Do you provide this type of service to other local authorities?
BEST have pioneered a consultancy and advisory service for council run staff sickness funds. We will be pleased to put you in contact with any of our clients should you wish to establish our credentials.
The number of schools within our scheme has reduced over recent years. How can your involvement bring schools back into our scheme?
We can help you to make your fund more attractive to schools through:
- consulting with you
- development of an equitable rating mechanism; increasing the choice of benefits and options available to schools
- improvement of documentation provision of fund stability
- and simplification of claims management, which can enable faster claims settlement without the need for additional resources