Majesco TL
Follow Us
ITA MEMBERSHIP

CORE SYSTEMS

CORE SYSTEMS

EIS Group Releases Latest Version of Claim System

Staff Writer | March 22, 2016

EIS Group announces that the latest version of the ClaimCore software system supports multiple lines of group and voluntary benefits insurance and enables those insurers to improve claims accuracy and efficiency, streamline payment processing, improve compliance, and enhance fraud detection.

The ClaimCore solution has been designed to be deployed as a standalone core system or as a component of the company’s EIS Core Insurance Suite, providing benefits insurers with additional options for transforming their legacy core systems.

“Group and voluntary carriers are increasingly looking to invest in technology replacement plans to free them of their legacy system constraints. Rather than pursuing wholesale conversion of monolithic existing platforms, we see some carriers starting with underwriting, billing and claims as logical starting points on a measured multi-year journey,” says Rob McIsaac, senior vice president, research and consulting, at Novarica. “With the addition of ClaimCore for the benefits market, EIS Group expands the options available to carriers as they extend their transformation plans for dealing with legacy technology platforms and the associated processes that they support”.

The latest version of ClaimCore increases automation of critical claims tasks and leverages enhanced workflow, work queues, rules, notes and document generation, and management capabilities to deliver automated and auditable claims processes for the benefits industry across multiple lines of business.

When ClaimCore is deployed as part of the EIS Suite, eligibility and customer information are immediately available to claims operations without the integration burdens resulting from multiple vendor solutions. In addition, the common database and data model in the EIS Suite platform provides a single source of truth with data entered one time and leveraged throughout the entire customer lifecycle.

“The benefits claims functionality now available in ClaimCore allows our clients to manage and adjudicate claims in an efficient, accurate manner that increases satisfaction for customers and improves visibility and coordination for the carrier while delivering better claims outcomes,” says Jim Eva, EIS Group’s product executive for claims.


Featured articles

Majesco MR

Majesco RH

ELECTRONIC CHAT

The Email Chat is a regular feature of the ITA Pro magazine and website. We send a series of questions to an insurance IT leader in search of thought-provoking responses on important issues facing the insurance industry.

WEB EVENTS

ITA is pleased to present the 2014 Webinar Series. We have many topics for you to choose from and attendance is open to all ITA members. The webinar topics are current and exciting — ranging from predictive analytics to telematics and will focus on the direction insurance carriers need to follow for the future. All webinars are presented by insurance IT professionals along with some of the leading analysts and consultants in the field. There is no cost to attend an ITA webinar. For more information and to register for the webinar, click the “title” of the webinar below.

BLOGS AND COLUMNS

only online

Only Online Archive

ITA Pro Buyers' Guide

Vendor Views

Partner News