Cambridge and the McLarens Group Announce Strategic Alliance to Extend Claims Services Throughout North America.GREENWICH, Conn. -- Cambridge Integrated Services In computer networking, IntServ or integrated services is an architecture that specifies the elements to guarantee quality of service (QoS) on networks. IntServ can for example be used to allow video and sound to reach the receiver without interruption. Group: --Agreement creates the most extensive claims management network serving firms with business in both countries --Alliance is key step in Cambridge's international expansion Firms doing business in both Canada and the U.S. can reduce potential claims losses through a new strategic alliance between Cambridge, a strategic global outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. firm with expertise in claims and loss cost management services, and The McLarens Group, one of the largest claims management firms in Canada and a member of the global McLarens Group. "By combining our IT capabilities and proprietary software with the McLarens network of offices throughout Canada, we can provide the first seamless approach to reduce claims losses for firms with operations in both countries," said Chris Sinclair, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Cambridge. "This relationship is a prototype of how Cambridge can leverage our specialized expertise in claims management and technology to deliver the best and most efficient solutions around the world." Cambridge's technological capabilities include systems like Ovation Client Portal, which enables companies to access claims data 24/7, from anywhere in the world, to make timely, accurate decisions to prevent and manage losses. "With Cambridge, we found a partner that shares our commitment to best practices," said Michael Holden Holden, town (1990 pop. 14,628), Worcester co., central Mass., a residential suburb of Worcester; settled 1723, set off and inc. 1741. Manufactures include electrical and metal products, plastics, and machinery. , president, McLarens. "Our network of 81 offices gives Cambridge access throughout Canada to licensed claims administrators in order to service customers coast to coast. Companies that are concerned about their exposure in two countries and two currencies now have a new resource to minimize claims losses and liabilities." Through this alliance, the two firms can proactively service and manage claims in a number of lines of insurance, including auto liability, premises liability, product liability, professional liability, and workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. . The alliance with McLarens is a key relationship for Cambridge's expansion of its presence internationally. Since becoming part of the Scandent scan·dent adj. Botany Climbing: a scandent vine. [Latin scand Group of companies in November, 2004, Cambridge has extended its strategic global outsourcing capabilities in claims management to finance and accounting; insurance processing services; transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. , including mortgage processing; and healthcare administration Healthcare administration is a term that typically refers to the Master of Health Administration (MHA)—also Master of Healthcare Administration— degree, which is a graduate professional degree that provides training in health policy, economics, project and services, serving clients from offices on four continents, in the U.S., India, Australia, and the United Kingdom. About Cambridge Integrated Services Group Headquartered in Greenwich, Cambridge, a Scandent Group company, is a strategic global outsourcing firm with deep expertise in process consulting; transaction processing, including mortgage application and renewal; medical billing; finance and accounting back office support; insurance claims administration and processing; inbound in·bound 1 adj. Bound inward; incoming: inbound commuter traffic. Adj. 1. inbound and outbound out·bound adj. Outward bound; headed away: outbound trains. Adj. 1. outbound - that is going out or leaving; "the departing train"; "an outward journey"; "outward-bound ships" contact centers to support all of these activities; and other transaction process that requires knowledge-based decision making. With offices in the U.S., UK, India, and Australia, Cambridge serves Fortune 500 employers, insurance carriers, and public entities. For more information, visit: www.cambridgeworldwide.com. About McLarens In 1996, one of Canada's leading claims administrators, Ponton Coleshill Edwards & Associates, expanded in Canada through the acquisition of Toplis & Harding Canada Inc. and subsequently formed McLarens Toplis, part of the global McLarens Group. McLarens in Canada provides property and casualty loss adjusting as well as specialty risk services, including loss prevention and risk management for the marine and transportation industries as well as property, casualty, and auto insurance services. For more information, visit: www.mbii./ca. |
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