inCLAIM
Software for Property & Casualty Carriers
automatic preprocessing of policy reserves- multiple line of business (mLOB) support
- multiple claims support
- limits increase
- integration of report writer and editor
- integrated diary system
- ACORD XML compliant
Claims occupies a unique place in delivering an insurance company’s competitiveness to its customers and its investors alike. The carrier competitiveness is achieved by bringing efficiency and flexibility with which a claim is settled in a regulated, dynamic and litigious business environment. No wonder that the insurance carrier’s favored IT investment is in the claims management systems.
Finys claim management module handles claim from the customer point of view. While the system allows for the business flexibility, it enforces the policy rules and regulatory governance, creating a controlled and agile environment to suit the business needs. This flexible environment allows for efficient and seamless processing of a claim.
Automatic policy reserves, management of disbursements and expenses, balancing of claim payouts, and integration of report writer and word processor, allows for quick and efficient processing offering a range of benefits to its users.
Support to multiple lines of business, agile workflow integration. business rules engine, coupled with an advanced form of reporting, enables the carrier to increase business agility in software system to reduce cost of processing a claim.
The user interface (UI) is highly modifiable to support workflow and the workflow systems. The implementation of the underlying business rules as well as the data entry validation rules are easy to modify. With the ability to customize quickly and the built-in support for the new lines of business, the claims management module offers quick roll-out for new products.
Finys has embraced ACORD XML as the de-facto standard for communication.
Finys insurance product suite is developed using .NET framework for the thin client web browser deployment, allowing for ease of hot fixes and upgrades. The Service Oriented Architecture (SOA) facilitates interoperability between modules.