Business Process Management for Insurance: Adeptia at The Insurance Summit Fall 2005
Insurance industry like many other industries has gone
through the times when high operational expenses used to be
a sign of good customer care. Now, contrary to its old belief
the industry understands that there is an inverse relationship
between the back office expenses and customer satisfaction
level.
(PRWEB) July 2, 2005 -- Adeptia improves operational efficiencies,
thus profitability. Adeptia helps Insurance companies differentiate
themselves and develop competitive advantage versus their
competitors. In process of reaching out to more and more insurance
industry users Adeptia would be available at The Insurance
Summit Fall 2005 Arizona, USA where we would be listening
to the problems germane to business processes and workflows
and will address to these problems with specific solutions.
How Adeptia BPM for Insurance solution can help:
Adeptia BPM for Insurance solution helps manage, automate
and optimize crucial and routine business processes, thus
reduces operative cost and improves profit margins.
Here are some key features:
Automated Book of Business Transfer: Eliminates
manual transfer of millions of policies records, which is
human-intensive and error-prone, and enables automated rolling
of book of business and rapid transfer of underwritten policies
from ceding companies to reinsurers.
Agency-Carrier Interface: Addresses to diverse
requirements of independent agents serving millions of customers,
as an interface between independent agents and insurers that
ensures carriers and agents can quickly roll out real-time
transactions. These transactions include inquiry, first notice
of loss and request for quote, which can be provided seamlessly
to agency systems.
Claims Management: Eliminates lengthy and
scam-prone claims procedures, by automating and controlling
the processing and management of a claim from first notice
of loss through to settlement and finalization. Insurance
standards based claims management helps develop paper-less
office and brings agility to claims settlement process. Moreover,
automation of claims procedures reduces capacity constraint
therefore higher number of claims can be settled in due time.
Adeptia was founded in June 2000, with the aim of taking business
process management and integration to a broader market, beyond
the Fortune 1000. Adeptia makes this possible by offering
an easy to use, quick to deploy, powerful, and cost effective
solution.
Adeptia provides enterprise software to easily and quickly
automate business processes across supply chains using industry-specific
standards. Adeptia's business process management (BPM) software
allows customers to integrate disparate information sources,
software applications and business users both within an
enterprise and across customers, vendors and business partners.
Moreover, Adeptia's technology allows customers to design,
automate and improve workflows and thereby drive efficiencies.
Meet us at "The Insurance Summit" at Wigman Resort
& Golf Club, Litchfield Park, Arizona, USA: September
11-13, 2005
Availability: BPM Server is now available
for download at: http://www.adeptia.com/products/downloads.html
For a detailed reviews on new release please visit: www.adeptia.com
or contact sales@adeptia.com
About Adeptia: Manage, Automate, Optimize
business processes
Adeptia is an enterprise software company headquartered
in Chicago, Illinois, that provides business process integration
technology to easily and quickly automate business processes
across supply chains using industry-specific standards.
Adeptia’s unique product combines business process
management with enterprise and external integration. Various
Fortune 1000 companies have deployed Adeptia’s reusable
and highly scalable technology.
View Online coverages: Adeptia at the Insurance Summit,
Fall 2005
