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NJ PURE Chooses Ravello Policy Admin, Claims and Billing
Direct medical malpractice underwriter NJ PURE (Princeton, N.J.) has selected Ravello Solutions (Atlanta) to upgrade and convert its policy administrationNJ NJ, claims management and billing systems.
Ravello, a provider of technology to P&C insurers and a specialist in medical liability, according to a company source, says that its product allows tthe ability to automate and streamline many workflows that most policy systems cannot support.
"Ravello's technology and business model fit well with our strategic and tactical needs," comments Lena Chang, co-founder and president of NJ PURE. "Furthermore, Ravello's professional staff fully understands the many intricacies of the insurance business and the complexity of the medical liability line of business."
Andrew J. Serowitz, president and COO, Ravello Solutions comments, "We look forward to partnering with NJ PURE and are very excited about the project. Using our system, NJ PURE will increase the efficiencies of their day to day workflows while obtaining data and market trend information on a real time basis."
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio