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Accounting
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The solution will help carriers reduce costs while increasing business flexibility, improving customer service, the vendor asserts.Be the first to comment
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Xchanging Aims at "Transformational Play" With Launch of Netsett Net Settlement Utility to US MarketSettlement processes similar to those that reduce needed capital from $80 billon to $12 billion on the London market are poised through an Xchanging/Deutsche Bank partnership to address $3 trillion global market, with the possibility of a 85% reduction in the working capital required.
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OMSNIC will use Accenture's Policy Administration, Billing and Claim Components software in order to create a single integrated solution for rating, quoting, underwriting, billing, claims administration and policy lifecycle support.
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UNIT4 Business Software offers guidelines for implementing finance accounting software to support growth.
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The insurer's use of SundaySky’s SmartVideo technology improves customer experience by rendering complex information easily intelligible.
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The system lets agents work with their customers to create a customized experience built on features such as combined billing options, flexible billing dates, billing plan options and mobile interaction.
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The new system will deliver value to both distributors and customers by allowing agents to shift their attention from answering questions about billing to focusing on customer relationships, according to CIO Greg Tranter.
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The software business of Xchanging is offering an end-to-end module-based solution built on a single data model.
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Implementing a consolidated litigation management solution helps insurers trim claim expense costs, streamline and automate workflows, and enforce best practices throughout the claims discipline.
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Consumers demand for options, flexibility and ease-of-use in their billing and payment has a comprehensive and seamless mobile bill payment experience a mission-critical business requirement.
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Deployment of the Oracle system enables the individual dental insurance carrier to accelerate policy enrollment and deliver efficient and enhanced billing experiences to customers, among other benefits.
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Council for Affordable Quality Healthcare hopes letting providers enroll just once for multiple plans will be more efficient and encourage more doctors to participate in electronic funds transfer.
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Capitalizing on new growth opportunities in the global arena requires the right technology, a customer-centric approach and localization of products and services to ensure success.
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Aetna Inc on Friday said it agreed to pay as much as $120 million to settle litigation over its practices on the payment of claims for services by providers with which Aetna does not have a contract.
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Among the organizations that have tested Prometheus Payment are Health Partners in Minneapolis, Independence Blue Cross and the Crozer Keystone Health System in Pennsylvania, the Employers Coalition on Health in Rockford, Ill., Priority Health and Spectrum Health in Michigan.
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ABP reduces a significant pain point for CNA's distribution partners, reducing a process that used to take days of work into one that takes minutes.
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Cloud-based software delivery methods enable insurers to quickly respond to new windows of opportunity, niche markets, and achieve heightened levels of customer service.
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This latest win shows not only the appetite of top tier companies for simplifying their technology environments, but also the maturity of configurable core insurance software and Guidewire’s maturity as a vendor.
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The Columbus, Ohio-based P&C carrier sought to extent its document management capabilities with a new solution compatible with Guidewire InsuranceSuite.
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The company will implement STG Billing first in its auto, property and accident insurance books.
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The carrier’s launch of the Vikaran Solutions-based QuoteExpert portal marks the successful completion of Patriot’s first phase of its WorkersCompExpert suite legacy replacement initiative.
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Carriers continue to obsess over their ability to transition from being policy- to customer-centric, and billing is a key component of that ambition.
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Already in the process of implementing Guidewire ClaimCenter, the insurer will become a full Guidewire InsuranceSuite customer with the deployment of Guidewire PolicyCenter and BillingCenter.
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A Guidewire ClaimCenter customer since 2007, New Jersey's largest auto and workers' comp carrier becomes an InsuranceSuite customer with the addition of the new capabilities, which will be deployed initially in workers comp.
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The carrier MajescoMastek's offering over others in the market on the basis of configurability and the economy of the vendor's private cloud delivery.
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