Damco Insurance Industry Offerings

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

Our Differentiators

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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