11:24 AM
SUNZ Insurance Company Selects Policy Admin and Claim Management Platform
SUNZ Insurance Company, a St. Petersburg, Fla.-based workers' compensation carrier, has selected Innovation Group's Innovation WORKS workers' compensation policy administration and claim management platform, according to a press release. The carrier started implementation of the new system in August.
The Web-based solution enables automation and management of the insurance business lifecycle -- from new business/renewals, client management, compliance, billing, claims, and accounting, the Hampshire, England-based vendor says.
SUNZ will deploy Innovation WORKS to support customer multi-state coverage handling needs, leveraging the solution's rules and workflow technology to respond quickly to industry market conditions, increasing customer demands, and regulatory change with minimal effort, Innovation Group says.
"The added benefit of a system that will allow SUNZ to integrate claims data from our Claims Administrator will only allow us to further enhance our ability to manage and analyze our entire portfolio," Glen J. Distefano, vice president and COO, SUNZ, said in the release.