Claims Management is a crucial task in the Insurance Industry. It is complicated, but the profit is based on this aspect as customer satisfaction is the most important part here. Settling Insurance claims efficiently is not an easy task, it should be particularly focused and minute calculations are required. So there’s an intense need for the Insurance industry to bring improvement in their work efficiency to retain the customers. Though it’s small scale or large scale companies working within the insurance industry, it is necessary to handle the insurance claims management appropriately, this will lead the company to earn huge profits and increase the growth of their business.