ClaimIQ Releases Version 2.0 of Decision Support Platform for Property-Casualty Claim Handling.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--July 28, 2003 ClaimIQ, a San Francisco-based provider of decision support solutions for Property-Casualty insurance carriers, today announced the Version 2.0 release of InjuryIQ(TM), LiabilityIQ(TM), and VerityIQ(TM). ClaimIQ's integrated claim-handling platform helps insurance companies control costs by improving the discipline, consistency and effectiveness of injury damages evaluation, comparative negligence comparative negligence n. a rule of law applied in accident cases to determine responsibility and damages based on the negligence of every party directly involved in the accident. assessment, and fraud management. The Version 2.0 release of InjuryIQ, LiabilityIQ, and VerityIQ includes an enhanced user interface for streamlined claim evaluation, new tools for managing claim notes and information on interested parties, and powerful report writing capabilities that provide managers with detailed claim outcome information at all levels of their organization. The ClaimIQ software platform also includes modules that support claim investigation and negotiation through customized question guides, claim valuation worksheets, and detailed negotiation logs. The latest release also includes architecture enhancements that support increased scalability and simplified, XML-based integration with other insurance carrier systems. OneBeacon Insurance Group OneBeacon Insurance Group offers a range of specialty and segmented commercial and personal insurance products sold primarily through select independent agents. As one of the oldest property and casualty insurers in the United States, OneBeacon traces its roots to 1831 and is the first major insurance carrier to convert to Version 2.0, completing its conversion last week. "OneBeacon implemented the new ClaimIQ platform to take advantage of management information on claim outcomes and to deliver best practices to our adjusters," said Phil Sibilia, Vice President of Claims at OneBeacon. "LiabilityIQ has helped our casualty adjusters develop more consistent comparative negligence assessments across a wide spectrum of Auto and GL accidents." "Version 2.0 of InjuryIQ, LiabilityIQ, and VerityIQ reflects the input of a broad cross-section of casualty claim adjusters and managers," said Todd Madsen, President 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. of ClaimIQ. "The result is an integrated software Separate software components or applications that have been combined into one package. See integrated software package. platform that will help improve the quality of key decisions throughout the life of Auto and General Liability claims - from investigation to evaluation to negotiation." InjuryIQ, LiabilityIQ, and VerityIQ are delivered through ClaimIQ's enterprise-class software platform, hosted at client sites or at ClaimIQ's secure operations center The facility or location on an installation, base, or facility used by the commander to command, control, and coordinate all crisis activities. See also base defense operations center; command center. . Application components are written in Java (J2EE (Java 2 Platform, Enterprise Edition) A platform from Sun for building distributed enterprise applications. J2EE services are performed in the middle tier between the user's machine and the enterprise's databases and legacy information systems. standard) and accessed through standard desktop web browsers The following is a list of web browsers. Historical Historically important browsers In order of release:
About ClaimIQ ClaimIQ provides integrated decision support to Property-Casualty insurance companies. The company's software helps customers such as Fireman's Fund Insurance Company Fireman's Fund Insurance Company is a Novato, California-based insurance company owned by Allianz SE of Germany. It was founded June 18 1863 and issued its first policy to Walter Hawxhurst covering one half interest in 1,000 kegs of Boston syrup for a premium of $12. and OneBeacon Insurance Group share best-practice judgment and decision-making behavior across their organization. ClaimIQ solutions improve process discipline and decision consistency, helping customers contain costs and enhance customer service. Currently, ClaimIQ supports all major decisions on casualty claims, including liability assessment, injury damages evaluation, fraud detection, and subrogation The substitution of one person in the place of another with reference to a lawful claim, demand, or right, so that he or she who is substituted succeeds to the rights of the other in relation to the debt or claim, and its rights, remedies, or Securities. identification. For more information, please visit www.ClaimIQ.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion