Abstract: Methods and systems consistent with the present invention provide for evaluating optimal claim handling. The process includes receiving information associated with claims. Based on the information associated with the claims, responses are provided to a set of queries contained in one or more questionnaires. Based on the responses to the queries, a loss economic opportunity is calculated which is associated with processing the plurality of claims based on the responses. Further, a best practice is determined based on the loss economic opportunity.

Abstract: A technique for evaluating insurance claim management may determine a target value for average loss costs per claim in a given planning period based on a regression analysis of average loss costs per claim in a predetermined base period. In addition, a performance indicator indicative of the performance of insurance claim management may be determined based on a difference between the determined target value and actually achieved average loss costs per claim in said planning period. Related apparatuses, systems, articles of manufacture are also described.