Claims Management Software

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