Guiewire Feb 2018 TL
Follow Us
ITA MEMBERSHIP

CORE SYSTEMS

CORE SYSTEMS

ISO Claims Partners Announces Version 2.0 of WC Navigator

Staff Writer | November 09, 2015

ISO Claims Partners announces Version 2.0 of its predictive analytics solution for workers compensation claims, WC Navigator, which enables a company to identify potentially volatile workers compensation claims earlier in the claims-handling cycle. Early identification of high-severity claims allows users to tailor their claims process to better allocate the right resources throughout the claims process to help improve claims outcomes. 

New features and benefits of Version 2.0 include:

  • Continuous Scoring: Predicted claim severity can change as claim data evolves over time. Claim severity will now be scored daily throughout the life of the claim. This provides the most current and accurate outlook on where the claim will ultimately end up, using current data. 
  • Claim Severity Indicators: WC Navigator will now provide insight beyond the ultimate claim severity score. It will also provide indicators of why a claim carries a particular score. Users can now gain greater understanding of the driving forces behind a claim's value and tailor their action plan accordingly.
  • Dashboard Updates: While the WC Navigator dashboard is customizable, it has now been updated with the most common requests from product users. It now provides greater insight into severity trends and greater querying ability.
  • Model Refresh: WC Navigator is continually updated with current claims data. As the only worker’s compensation claims predictive solution to incorporate industry data, updating the scoring model is an essential part of keeping on top of current claim severity drivers.  


Featured articles

DTPH 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.

ITA LIVE 2019

The tide is up! It's time to register for ITA LIVE 2019, our annual educational and networking conference! Our theme is "The InsurTech Revolution: Cutting Through the Hype." and we'll be bringing in a torrent of industry thought leaders, amazing insight and wonderful perspectives on the world of insurtech and its impact on the insurance landscape.

ITA LIVE 2019 will present real-life examples of true startup technologies that are helping insurers gain real advantage -- and a competitive edge -- in the marketplace. We’ll highlight the more successful InsurTech partnerships, while offering case studies that demonstrate exciting innovation and cutting-edge techniques impacting all aspects of the insurance ecosystem.

Ride the wave to LIVE 2019. Sign up today! We look forward to seeing you in May, 2019!

BLOGS AND COLUMNS

only online

Only Online Archive

ITA Pro Buyers' Guide

Vendor Views

Partner News