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Loss runs empower insurance organizations with a better understanding of performance, while also identifying ways to reduce claims, yet generating these reports is not always a priority. Despite the impact delayed reporting can impose on customer relationships, (upbeat music) Patra’s process executives will reach out to your carrier partners on your behalf to request the loss runs, so they will already be available to you in your management system when you go to market. Using either an expiration list, renewal list or even by one-off requests, Patra can pull this data easily and efficiently.

By leveraging Patra to manage your loss run reporting, you’ll receive a list of claims back to you that allow you to continue the remarketing process and open communication with your customer, all while managing and mitigating risk. Your journey into the future of insurance starts now. (upbeat music fades)

Patra Service Explainer: Loss Runs

Loss runs empower insurance organizations with a better understanding of performance while also identifying ways to reduce claims.

Patra’s Process Executives will reach out to your carrier partners on your behalf to request the Loss Runs, so they will already be available to you in your management system when you go to market.

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About Patra

Patra is an outcome-focused operating partner working exclusively for the insurance industry. Combining expert teams, process intelligence, and purpose-built technology, Patra delivers measurable results to clients. With 20 years of deep domain expertise, exceptional client retention rates, and significant sustained investment in AI, Patra partners with agencies, brokers, MGAs, MGUs, and carriers to transform how insurance operations are delivered.