Claims Management is the most crucial function insurance companies perform. However, the intricacies of managing the claims process manually or with multiple systems can cause errors and delays that further lead to complexities and affect customer relationships. InsureEdge’s Insurance Claims Management System helps insurance companies simplify the claims process for the customers, employees, agents, and third parties. Our Claims Management Software extends an innovative solution to meet the challenges of the industry by improving claims and reducing the cost.
Our Claims Processing Software initiates 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. Integrated with the policy administration and reinsurance modules, InsureEdge’s Insurance Claims Management Software provides 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.
InsureEdge’s insurance claims processing software centralizes processing for speed and accuracy. It simplifies processes for insurers, saves operational cost and time, and increases efficiency.
Comprehensive Claims View
The insurance claims processing software provides a comprehensive view of multiple policies and coverage with claimants’ details.
Multiple Process Management
It introduces process management capabilities that enable organizations to quickly adjust workflows and meet changing business dynamics.
Complete Track of Records
Claims Processing Software Insurance maintains a full record of the reserve history and claim payments. It compiles all the claims records.
Reporting and Analytics
Implementing claims software helps insurers with detailed reporting and analytics. It helps gain better insights into various business sectors.
While legacy platforms and applications make claims management easy, it is also evident that legacy infrastructure inhibits the pace of innovation and speed to market. Damco’s legacy solution is geared to offer you business agility, reduced time-to-market, and optimal operating costs. We offer a wide spectrum of legacy modernization services to help you upgrade your applications and platform infrastructure.
Legacy Software Migration
We provide the following services under Legacy Software Migration and Legacy App Modernization:
Custom Software Modernization
Our team of experts extends Legacy Application Modernization and Legacy System Modernization Services which include:
Cloud Migration
We understand the importance of migrating infrastructure to the cloud and help partners to:
UX Modernization
Our UX Modernization Service provides dynamic, user-friendly experiences that include:
Reduce Claims Management Cost
Deploy smart tools and significantly improve your operational efficiency while saving big time on cost
Settle Claims Faster
Simplify the entire process for yourself and policyholder by adopting an automated claims management system
End-to-End Visibility
Get complete visibility of into claims timeline and other processes – including those on different backend systems
Shorten Claims Life Cycle
Reduce manual errors and eliminate repeated work by automating the entire claims cycle
Prevent Claims Leakage and Frauds
Equip your team with the ability to analyze claims data collected to identify potential leakage
Improve Underwriting Quality
Power your underwriting decisions with data-driven capabilities to do risk selection and risk evaluation
Incorporate Innovative and Integrated Platform in your Business Model Today
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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.
We deliver measurable benefits to insurance organizations across a range of key business areas empowering them to regulate their entire claims cycle.