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European Claims Vendors, 2010

  • IDIT is an excellent option for all insurers wanting to adopt proven modern technologies for a componentized approach to legacy modernization

  • “IDIT has a solid base of customers using the full product suite, including claims”

  • References were pleased with the significant improvement that the solution had brought to the business and also highlighted the openness of IDIT in discussions”

  • "Feedback on project management and responsiveness was very good"
Catherine Stagg-Macey, 
Craig Beattie


home page > idit solutions > component-based solutions > claims workbench - claims management software

Claims Workbench - Claims Management Software

Claims Processing Software

 
The insurance claims module provides full management of the claims reporting and settlement processes. The functional strength of the system is primarily:
  • Efficient and reduced claim processing time
  • Increased processing capabilities of each claims adjuster
  • Improved process control via integrated workflow and imaging
  • Improved verification and accuracy over claim settlement.
  • Highly customizable claims process management & setup (claim statuses, documents etc.)
  • Advanced claims security capabilities (authorization & authentication, population restriction)

The Claims Module comprises the following processing functionality:

  • Comprehensive procedures for opening & handling claims online
  • First report - PNL (Preliminary Notice of Loss)
  • Dynamic questionnaire for damage identification
  • Multiple claimants in a single claim
  • Multiple damages in one claim
  • Point-in-time coverage verification
  • Automated referral and notification to 3rd parties
  • Irregularities and fraud detection
  • Full integration with CRM software module, document production, workflow & business intelligence modules
  • Full integration with the security module for tight verification of claim processing & payments

 

IDIT™ supports reporting and settlement of simple claims in a fast track flow,
while complex claims are managed in a more elaborate process


Insurance Claims Settlement

  • Payments to customers and suppliers
  • Fast track settlement
  • Catastrophe handling
  • Ex-gratia compensation
  • Third party claims
  • Subrogation
  • Legal handling
  • Recoveries
  • Reserves management
  • Full integration with CRM module, document production, workflow, business intelligence

Compensation may be provided by repair of damages by a 3rd party service provider or replacement of the goods by other 3rd party providers. Payment to the claimant in advance of a repair, or serving as reimbursement for expenses is also supported. In addition the system can be used to pay any occasional service providers for their work or work with a designated pool of providers.
A letter may be sent to the claimant to be signed prior to any payment, stating that the insurer's obligation is fulfilled by the provided benefit.

 

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