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ClaimPlace.


* ClaimPlace, Wilmington, Mass., is a business solutions provider that helps insurance carriers reduce claim-processing expenses and losses. The company, which launched in October, has created an online claims marketplace (www.claimplace.com) that offers property/casualty insurers a selection of automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 tools, services and vendors.

Hartford Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 Group will begin using ClaimPlace's first two e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers.  business solutions--claim reporting 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.  application--during the first quarter of 2001.

The company expects future offerings to include service provider integration and automatic settlement.
COPYRIGHT 2001 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Best's Review
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 1, 2001
Words:80
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