Insurance Organizations focus more on Claims areas as these areas are the major areas of outflow. A proper understanding and settling of claims ensure that Organizations have a highly satisfied and loyal customer base, proper approaches and practices to ensure that the benefits go to the right people, right design of the products for profitability and so on.
Handling the claims management, be it custom tailored policies or regular policies, need to be addressed systematically. Having a proper claims management process flow empowers the Organizations with proper data capture and proper addressing of the needs. Handling the claims management with just a set of excel sheets, or partially in the system and partially outside, some processes outcomes are manual & some through the system etc.,. creates a lot of confusions and lost information. Also the process becomes error prone. The claims management solution from iCAST ensures that Organizations get the best of the process driven approach towards handling their claims which come from diverse Originations of the Claims. The system ensures that the information for the transactions captured is appropriate, verified for the Quality and processed through multiple screens so that claims handling becomes easy, agile for custom made policies and traceable at every point. Be it large claim count or large value where there is a need for greater scrutiny, the solution ensures that the claims handling process is eased out and become reliable in all respects and there is a minimum turnaround time. Also this enables the Organizations to have the highest sophistication of information handling tagged to coverage and business rules with the right semantics embedded.
Make your claims management very effective by adopting to iCAST. The product, built on Industry standards and empowering the customers with the latest technologies ensure that the customers get the best possible approach to handle and manage Claims at par with the Global standards.
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iCAST has several successful end-to-end large-scale full life cycle software projects across the globe to its credit. Our proven value proposition of better and faster delivery at a lower cost is the compelling reason many of our clients regard us as a long-term partner working with them to achieve their business objectives.
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