Damco Insurance Industry Offerings
- 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
- 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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Dedicated Practice to deliver services and solutions for Insurance businesses.
1100+ person years of experience in delivering Insurance technology services.
100+ Insurance projects delivered globally, 60+ Insurance Customers.
30+ installations of InsureEdge – a complete technology platform.
Strong experience in multiple lines of business covering Life, Health & General Insurance.
Strong Technology Expertise on Microsoft, Open Source, Oracle, Salesforce, IBM, Cloud & Mobility.
Capabilities in cutting-edge technologies – IoT, AI, Machine Learning.
Global Presence with resource availability in USA, UK, Luxembourg, Australia & Caribbean islands.
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