Why Leading Carriers Require SOC 2 Type II and How BSA Claims Delivers What Traditional TPAs Don’t
You’ve probably noticed carriers getting pickier about compliance requirements, and there’s a good reason they’re pushing for SOC 2 Type II from their TPAs. While most administrators wave around SOC 1 reports like they’re gold stars, they’re actually missing the entire security picture. What carriers really need to know—and what traditional TPAs can’t prove—comes down […]
BSA Claims Solutions Earns SOC 2 Type II Attestation: Strengthening Trust, Security, and Reliability
At BSA Claims Solutions, safeguarding client and policyholder information is central to how we operate. We’re proud to share that we have earned SOC 2 Type II attestation—a rigorous, independent examination that evaluates the design and operating effectiveness of security controls over a defined period. For carriers, this means greater assurance that BSA’s systems and […]
How AI-generated Fraud Is Changing Claims Investigation
The rise of AI-generated fraud is fundamentally reshaping claims investigation. Fraudsters now utilize synthetic media, voice impersonation, and document forgery to fabricate claims, challenging traditional detection methods. To combat this threat, you’ll need a proactive, technology-driven approach – from anomaly detection algorithms to expert-guided visual inspections. And by optimizing your organizational structure and workflows, you […]
AI and Drone Technology: Powering Catastrophic Claims for Resilience
At BSA Claims, we’re leveraging cutting-edge AI and drone technology to revolutionize how catastrophic claims are assessed. These tools allow us to quickly process data, predict outcomes, and assess damages with precision from otherwise inaccessible areas. We swiftly distinguish fraudulent claims from legitimate ones, ensuring timely assistance to those truly in need. Our technology-integrated approach, […]
SSAE 18 exam Completed by BSA Claims
FORT LAUDERDALE, FLORIDA— BSA Claims Service is one of the largest Florida-based claims administration and adjusting service firms. They recently completed their 2018 Service Organization Controls (SSAE 18 exam / SOC 1) examination. This involves a rigorous, independent audit that evaluates its controls over financial reporting applicable to its Claims Litigation Services. The financial operations […]
Jimmy Patronis tours Jax Lit and Fast Track Center
BSA Claims Service was pleased to recently host Florida CFO Jimmy Patronis at its Jacksonville operations. Patronis toured BSA’s Litigation Services and Fast Track facilities. He also met with CEO Brian Bradley to discuss important issues related to insurance claims management. BSA, active in advocacy for consumers and advances in claims management, is one of […]
Should Claims Administration Leverage AI and Automation for Increased Efficiency and Accuracy?
The future of claims administration is rapidly evolving with the integration of AI and automation. These technologies streamline processes, enhance accuracy, and detect fraud, significantly improving efficiency and customer satisfaction. The efficiency brought by AI and automation reassures both policyholders and insurers, making the process smoother and more reliable. Future trends indicate a shift towards […]