CLAIMATIC

The Claimatic Intelligent Assignment Engine (IAE) is a cloud-based, SaaS, insurance claims application that automates the distribution of claims using real-time, dynamic data such as location tracking, license management, skill sets, calendar/availability, vendor panel preferences and other data, to identify the optimal resource to service a claim in less than a second, removing days from the claim cycle time while vastly improving the claim experience. The technology is able to assign up to 25... 0 claims in seconds, where it would take the average supervisor 22-27 hours to assign the same number. IAE positively impacts every critical cost component of insurance claims management through its ability to utilize real-time information to automate triage, routing, and assignment workflows. Insurance carriers’ experience reductions in total claims handling expenses by up to $1000 per claim by minimizing overall cycle time, vehicle and fuel expenses, litigation, and fraud expenses - as well as an increase in customer satisfaction and retention. Claimatic’s competitive advantage derives from the uniqueness of IAE as the only application available that offers the power of sophisticated claims assignment optimization through a cloud-based SaaS solution: * IAE delivers operational efficiency and cost reduction using multi-factor analysis and predictive analytics to generate optimized, real-time claims routing and assignment decisions. * IAE was designed to enhance - not replace - insurance carriers’ existing software investments. IAE can be integrated with existing claims management systems and deployed in 60 days, without the need for manual on-site updates, training time, and lengthy client involvement during rollout and updates.More