What is a TPA?

What is a TPA?

In today’s complex insurance industry, Third Party Claims Administrators (TPAs) help insurers, government, corporations and self-insured companies reduce the cost of claims and secure better outcomes for all involved.

The TPA model places particular emphasis on streamlined claims management and prompt finalisation. The data collected during the claims management process allows prompt analysis of risk factors. Benefits include:

  • Faster, more focused claims management
  • Lower overheads and reduced cost
  • Immediate access to highly trained specialist claims administrators
  • Improved control over claims outcomes
  • Safeguarding of customer relationships and protection of brand reputation.

But not all TPAs are the same. Gallagher Bassett was the first company in Australia to offer the TPA model. As part of one of the largest TPAs in the world, Gallagher Bassett wrote the book on Third Party Claims Administration. Through our singular focus on claims management, Gallagher Bassett offers specialist claims staff, unique processes and powerful technology that deliver exceptional claims outcomes.

And we’re as passionate about your firm’s customers and corporate reputation as you are, which makes Gallagher Bassett the first choice among Third Party Administrators.

 

We manage claims on behalf of insurers, brokers, government bodies and self- insured organisations.