Alex Clay

Alex Clay Email and Phone Number

Claims Vendor Manager at Hiscox | Driving Claims Excellence @ Hiscox
Alex Clay's Location
St Augustine, Florida, United States, United States
About Alex Clay

As the Claims Vendor Manager at Hiscox, I leverage my progressive claims management experience and multiple qualifications to drive a procurement strategy that resolves organizational challenges in the consumer's journey across varying specialty commercial business lines. I champion service, financial, and productivity results across the business unit, and play an instrumental role in the day-to-day operations of Third-Party Administrator (TPA) partners and all other third party relationships such as experts, valuators, and legal. My core competencies include organizational transformation, talent development, customer service excellence, claims leadership and oversight, quality assurance and governance, and new product and system implementation. I have a verifiable track record of effectively building administrative infrastructure, transforming and expanding departmental operations, and promoting and managing organizational change across a variety of complex, highly matrixed settings. I pride myself on being an outside-the-box thinker, a creative problem-solver, and a collaborative leader.

Alex Clay's Current Company Details
Hiscox

Hiscox

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Claims Vendor Manager at Hiscox | Driving Claims Excellence
Alex Clay Work Experience Details
  • Hiscox
    Us Claims Vendor Manager
    Hiscox Mar 2022 - Present
    Hamilton, Bm
    Drive a procurement strategy that resolves organizational challenges in the claims journey across varying specialty commercial business units including Cyber, Directors & Officers (D&O), and Employment Practices Liability Insurance (EPLI) and first party claims; leverage an extensive network of/strong relationships with vendors for maximum ROI. • Champion service, financial, and productivity results across the organization. • Play an instrumental role in the day-to-day operations of Third-Party Administrator (TPA) partners; oversee/resolve service issues, and serve as the audit sponsor on all third-party claims. • Serve as the panel facilitator for all claims-related litigation, adjusting, services, and technology. • Apply and instill practical knowledge of claims handling/insight into the vendor management framework to optimize vendor-based solutions.Notable Contributions:• Utilized as a trusted business unit resource with high exposure to/extensive input in group executive meetings; presented new ideas/processes/systems/workflows, such as optimizing the legal invoicing process and implementing data dashboards to track specific metrics, i.e. on and off-panel utilization, to improve performance and solve business problems. • Established a cyber service provider panel and instituted annual stakeholder governance meeting programs and monthly vendor committee meetings. • Developed the first data pack regarding vendor spend for distribution to internal stakeholders.• Overhauled the adjusting panel to provide parameters that will increase efficiency and increase ROE. • Implemented several programs into the process flow to reduce indemnity at a reasonable expense, I.e- contents validation and direct replacement, medical and demand review, salvage programs
  • Swyfft
    Claims Excellence Leader/Claims State Leader, Massachusetts, New York & Texas
    Swyfft 2019 - 2021
    Morristown, New Jersey, Us
    Reported directly to the VP of Claims for a provider of homeowners insurance; hired to help transition all claims operations from a third-party administrator to in-house, by creating a full staff model, in addition to handling governance matters and product implementations.• Managed 15+ mid-level team leaders and claims’ associates in the largest policy-in-force areas for the company; reviewed coverage, revamped company Estimating Guidelines, and provided financial guidance to adjuster staff. • Leveraged extensive vendor selection and management experience to set the framework for daily claim handling. • Created the workflow, and many of the systems processes, as they related to daily claim handling.• Served as a business analyst with respect to the development of software for claims operations. Notable Contributions:• Set industry precedent through the creation of multiple Insuretech initiatives, including the introduction of a drone inspection program and a virtual interior adjusting process, to optimize daily workflow.
  • Claim Central Consolidated
    Director Of Claim Services
    Claim Central Consolidated 2018 - 2019
    Haymarket, New South Wales, Au
    Provided tactical leadership, direction, and oversight across the North America line of business for a global insurance industry leader; guided claims handling and set and executed strategy in alignment with overall company vision. • Hired, trained, and led claims personnel across two branches; provided guidance on the most complex claims and served as the main subject matter expert (SME) for the launch of a newly released claims management system as well as a repair network, implemented for a carrier. • Introduced an administrative infrastructure to support the central processes associated with claims.• Managed all structural, financial, HR, and operations-related initiatives; established short and long-range management plans to support the department and organization values, vision, and customer service.• Designed and directed the strategy for claims handling/processing/payment; created business systems/processes and customer service enhancements to improve overall operation.• Determined/implemented policies and procedures on insurance claims for personal, property, and casualty loss based on coverage, appraisal, and verifiable damage in accordance with regulatory and statutory guidelines.• Cultivated work teams and reviewed, recommended, and implemented improved policies and procedures.• Administered annual budgets of $350K including oversight of financial strategies, reporting, and audit controls.Notable Contributions:• Consistently met operational, financial, and service requirements. • Developed and instituted from the ground-up, an independent adjuster network to service four states.• Created user practice guides for three new technological innovations.
  • Main Street America Insurance
    Claims Vendor Manager
    Main Street America Insurance 2016 - 2018
    Jacksonville, Fl, Us
    Managed all claims business/functional outsourced relationships for a leading provider of insurance products and services specializing in individuals, families, and small businesses. • Spearheaded a variety of programs simultaneously including catastrophe operations, the daily independent adjuster network, and various vendor programs (in partnership with forensic engineers and claims support firms) for the best outcomes in property claims handling. • Maintained service levels, business requirements, and contract compliance. • Abided by and enforced adherence to claims best practices and audit controls. • Managed relationships between service providers to support effective settlement of claims including litigated files. Notable Contributions:• Developed and administered innovative training curriculum to elevate levels of employee engagement. • Successfully restructured a 3rd party liability property review program; realized total expense savings of $250K and decreased the turnaround time on assignments by 50%. • Launched a managed repair program which significantly reduced the reliance on independent adjusters by providing an alternate avenue for operations and generated a cost savings of $150+ per assigned file.
  • Central Insurance
    Regional Property Claim Liaison To The Head Office/Property Loss Specialist, Central Region
    Central Insurance 2015 - 2016
    Van Wert, Oh, Us
    Oversaw a team of nine adjusters (field and desk) within the Central regional office responsible for specialty residential and commercial large loss claim handling; hired new partners to assist in daily activities that required outsourcing. Notable Contributions:• Pioneered effective training and continuous improvement processes as they relate to property losses: o Worked with business analysts to restructure methods in the captive manuscript claim management system that led to a quicker overall process.o Remodeled the daily adjuster workflow; reduced cycle time by an average of two days. • Settled $11M+ losses to closure, including several with heavy Public Adjuster (PA) and litigated involvement.
  • Liberty Mutual Insurance
    Claims Auditor/Catastrophe Property Adjuster/Team Lead
    Liberty Mutual Insurance 2012 - 2015
    Boston, Ma, Us
    Started as a desk catastrophe adjuster. I was then promoted to a field catastrophe adjuster where I had a permanent deployment to NY/NJ for Super Storm Sandy. Being later promoted to a QA Specialist to assist Safeco field adjusters in their transition to Liberty Mutual practices.
  • State Farm ®
    Cat Senior Claims Representative
    State Farm ® 2008 - 2011
    Bloomington, Illinois, Us
    Worked in the Centralized Catastrophe office handling large volume catastrophe events across the country. Promoted to next level during my tenure. Served as team lead for one of my team managers. Often times was subject to CAT hours and strenuous work loads. Was directly involved in storm such as Hurricane Ike, Birmingham tornado outbreak and the Joplin tornado.

Alex Clay Skills

Customer Service Insurance Management Leadership Microsoft Office Microsoft Excel Process Improvement Training Strategic Planning Claims Management Claim Data Analysis Property General Insurance Financial Risk Liability Property And Casualty Insurance Commercial Insurance Team Building Property Damage Claim Investigation

Alex Clay Education Details

  • Embry-Riddle Aeronautical University
    Embry-Riddle Aeronautical University
    Organizational Leadership
  • Flagler College
    Flagler College
    Business Administration; Economics Minor

Frequently Asked Questions about Alex Clay

What company does Alex Clay work for?

Alex Clay works for Hiscox

What is Alex Clay's role at the current company?

Alex Clay's current role is Claims Vendor Manager at Hiscox | Driving Claims Excellence.

What is Alex Clay's email address?

Alex Clay's email address is al****@****fft.com

What is Alex Clay's direct phone number?

Alex Clay's direct phone number is +190433*****

What schools did Alex Clay attend?

Alex Clay attended Embry-Riddle Aeronautical University, Flagler College.

What are some of Alex Clay's interests?

Alex Clay has interest in Animal Welfare, Environment, Disaster And Humanitarian Relief.

What skills is Alex Clay known for?

Alex Clay has skills like Customer Service, Insurance, Management, Leadership, Microsoft Office, Microsoft Excel, Process Improvement, Training, Strategic Planning, Claims Management, Claim, Data Analysis.

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