by jhmclaims | Mar 31, 2014 | Claims Handling
People sometimes think they are saving money by relying on their insurers or, if uninsured, waiting until they get a claim and then going to a solicitor. How much does a claim cost without the services of a claims handler? Most claims for injuries cost over £1000,...
by jhmclaims | Mar 28, 2014 | Risk Management
There is an old saying in the world of computer programming: GIGO, which stands for “Garbage In, Garbage Out”. This applies in many other areas of life, and certainly to the use of statistics. If you start with wrong information you will end with wrong conclusions....
by jhmclaims | Mar 27, 2014 | Risk Management
Another way to mislead with statistics is to weight the question you ask, or to target groups of people who are likely to answer it in a certain way. Then make the predictable results sound like an amazing discovery. I could predict the following without holding an...
by jhmclaims | Mar 24, 2014 | Risk Management
Some people do not understand what I, or other risk management consultants, do, or what benefit their might be to engaging such services. Here are some of the Risk Management services I offer, in addition to feedback arising from claims-handling. I would expect other...
by jhmclaims | Mar 20, 2014 | Risk Management
Many people seem unsure of what I mean when I talk about Risk Management (RM). So what is it? It is simply the management of risk. As life is full of risks, we all manage them: sometimes consciously, sometimes not; sometimes well, sometimes badly. What is needed is...