Insurance Claims Processing System.

Processing claims through one common claims management system that enhances the efficiency of the insurance claims process while reducing costs helps insurance organizations to offer unparalleled customer experience, loss-cost management excellence and world-class efficiency. Automation allows companies to undertake virtually paperless insurance claim processing & claims management.

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FINEOS Life is our solution offering for the life assurance industry. It incorporates the following pre-integrated product components:

Front Office
Portals
Back Office
Integrators
Outsourcing
Wraps

FINEOS Life has been implemented in some of the industrys leading companies, and has achieved the following results:
100% increase in the number of transactions per full-time equivalent
50% reduction in alteration costs
50% reduction in errors through once and done data entry in the front office
As a complete solution, it provides for integrated customer management, workflow automation and rapid product development and maintenance capacity. This covers the design, development and administration of a broad range of life and investment products, including new business, underwriting, alterations and terminations.

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