Web based Claim Management system to automate the Insurance process
Today, the way of working has been highly revolutionized with many innovations and billions of software being developed to optimize the process.
- (1888PressRelease) September 02, 2016 - With the high competition all around the globe, business requirements keep on changing according to the latest market trends. To offer the competitive solution TatvaSoft, a leading software development company had developed a web-based solution for Insurance industry that enabled analyzing and strategizing marketing and business development for one of its client based in Australia. The developed system was highly adaptive, customizable and innovative which, helped out the client in managing insurance policies, claim management, risk management, incident management and certificates of insurance.
This system was developed with the sole goal to cater the needs of different organizations. Also, the developed system was highly scalable, reliable and highly secured to protect the sensitive data and adaptive functions were included for report scheduling and ad hoc report generation which made easy to get the insights of the tasks. The brain behind the success of this comprehensive web-based system is the .NET development and SQL team of TatvaSoft.
With the development of the web-based system, it made easy for the client to manage all type of policies, broker and carrier information. The system also availed the solution of claim management by enlisting the details of the policy covering lines of business and cost centers with the detailed description of a policy covering the damages due to fire, flood, and wind. It also enabled to add and search the policy claims, schedule payment and set up for the vendor was made easy as the claims were designed to particular diaries for vendors. This web-based system made much easy to manage the insurance documents along with attachments or notes added to the insurance policy. The claimant can receive emails for insurance letters and other related documents. Same emails can be forwarded to the insurance company too. Report module generation was made easy for the customizing report and data analysis. Additionally, view and export, manage and maintain insurance details, incident details were integrated to ease the work of clients and other fortune 500 companies.
The developed claim management system covers all the functional requirements for the clients and additionally other fortune 500 companies were also satisfied with the outcome to whom the client is serving their product. The client was highly impressed as the product was capable of consolidating insurance related information at a single place. It could effectively manage and maintain risk profiles to claim insurance policies. A customized report highly helped them to get the perfect information at the right time. The success of the application has helped the client to build the customer base. The provided solution helped the company in improving the business execution and strategy planning process that mitigate the risk of business strategy.
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