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Posthuma Partners : For Convenience in Claims Handling Processes

Marc Dijkstra, Managing Partner

The collected and unused data within a company is a treasure chest of possibilities. However, to apply data analytics to business processes, companies first need a plan or strategy. If a firm wants to improve its effectiveness and efficiency, it is essential to manage employees' performance or processes. To do so, it is necessary to measure performance. However, those measures need to be meaningful and should be linked to the desired outcome or goal. To address such a tedious task—given that the data would be scattered and unformatted—Posthuma Partners steps in. The Netherlands-based company provides Claims Management Filter®, also known as CMF®—a high-quality data analytics tool—that demonstrably ensures more efficient handling of claims portfolios, resulting in both lower costs and lower claims burden. The use of machine learning algorithms also improves quality at the same time. Additionally, it enables the company's clients to view data in context and make smarter business.

decisions to achieve success. Simply put, by combining actuarial knowledge and management know-how in top-level software, Posthuma Partners offers a 'need-to-have' tool for every insurer, healthcare institution, power of attorney and expert bureau that wants to optimize the results of its core business. The tool has now been implemented in eight countries.

Alongside Posthuma's IFM® or Integral Financial Modeling—an unparalleled modelling software tool—has been scientifically validated by a committee of scientists in the Netherlands

and abroad as an internationally recognized and evidence-based solution. It enables companies to identify potential gaps in the market. By bringing together data from across the business, companies can get real-time insights into finance, sales, marketing, product development, and other processes. These insights enable teams within a company to collaborate better, achieve better results, and outperform the competition. Posthuma Partners has been offering consultancies since 1997, improving the results of its clients by delivering tailor-made solutions. Its AI-powered software, especially for the financial sector, includes out-of-the-box solutions for insurance claims evaluation, forecasting future cash f lows and reserve requirements. The latest AI techniques are made available in a simple implementation.

Posthuma Partners offers a 'need-to-have' tool for every insurer, healthcare institution, power of attorney and expert bureau that wants to optimize the results of its core business.

Further, Posthuma Partners actively participates in the Dutch AI Coalition, formally known as NLAIC—a public-private partnership in which government, industry, educational and research institutions and civil society organizations work together. Posthuma Partners was founded in 1997 by former owner Bouke Posthuma and, in recent years, has grown into an internationally recognized software company and professional actuarial consultancy. By combining actuarial knowledge and management know-how in our high-level software, we can offer a 'need-to-have' tool for every insurer, healthcare institution, power of attorney and expert bureau that wants to optimize the results of its core business.

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Company
Posthuma Partners

Headquarters
Gouda, Zuid-Holland, NL

Management
Marc Dijkstra, Managing Partner

Description
Posthuma Partners is an internationally oriented software house and actuarial consultancy firm that offers services to the non-life insurance market and provides solutions for financial Risk Management. Posthuma Partners has been offering consultancies since 1997, improving the results of its clients by delivering tailor-made solutions. Its AI-powered software, especially for the financial sector, includes out-of-the-box solutions for insurance claims evaluation, forecasting future cash flows and reserve requirements. The latest AI techniques are made available in a simple implementation