Damco Insurance Industry Offerings

Claims Management Software Enables Top-down
View of Clients Profile.

InsureEdge Claims Management Software is a comprehensive, customer-centric Insurance Claims Software offering end-to-end capabilities for complete claims control. It delivers measurable benefits to insurance organizations across a range of key business areas with its breadth of functionality.

Claims Processing Software integrates with the Policy Administration and Reinsurance modules to provide the user with exact time coverage verification based on the reported date (or date of loss) and combines Client and Policy data directly into the Claim.

A Claims Management System streamlines the claim process saving insurer resource bandwidth, operational cost, and time.

Key Capabilities

  • Multiple policy and coverage attachment points with multiple claimants
  • Catastrophe definition and management system
  • Claim reserves and payments for indemnities and expenses, tight claim settlement security and authorization-based processing automation
  • Full audit trail of the reserve history and Claim Payments
  • Effective and efficient processing capabilities for claims adjusters
  • Damages, perils, and cure / compensation alternatives
  • Subrogation/Salvation processing automation
  • First Notice of Loss (FNOL)/First Report of Injury (FROI)
  • Litigation Management system, Medical
  • Case Management system and Return to Work (RTW) Tracking
  • Detailed Reporting and Analytics

Key Benefits

  • Reduce claims management costs with better processing time
  • Reduced time to settle claims
  • End-to-end visibility of claims timeline
  • Shortened claims lifecycle
  • Lower claims leakage and better fraud management system
  • Improve underwriting quality and decision making

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Our Clients

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summit insurance
carribean insurance brokers limited
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Our Differentiators

insurance software

Dedicated Practice to deliver services and solutions for Insurance businesses.

insurance agency software

1100+ person years of experience in delivering Insurance technology services.

insurance software solutions

100+ Insurance projects delivered globally, 60+ Insurance Customers.

insurance management software

30+ installations of InsureEdge – a complete technology platform.

insurance agency management software

Strong experience in multiple lines of business covering Life, Health & General Insurance.

independent insurance agency software

Strong Technology Expertise on Microsoft, Open Source, Oracle, Salesforce, IBM, Cloud & Mobility.

insurance software

Capabilities in cutting-edge technologies – IoT, AI, Machine Learning.

insurance software companies

Global Presence with resource availability in USA, UK, Luxembourg, Australia & Caribbean islands.

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