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Top 25 P&C Insurer Adopts ClaimForce Managed Services and Technology Solution
Multi-year agreement includes automobile, property, casualty and subrogation services
CHICAGO, IL – April 20, 2010 – ClaimForce, Inc., a leading provider of service chain automation and claim network management solutions to the insurance claims industry, today announced that it has signed a multi-year agreement with one of the nation’s top 25 largest Property & Casualty insurance companies which represents significant revenue growth and further market validation.
Under the agreement, ClaimForce will manage a single-point, Business Process Outsource solution which provides the carrier with a centralized, efficient method of managing the services of multiple vendors across different claim service types, thus allowing Claim operations to better focus on more complex claim handling activities and those that drive customer satisfaction.
“This client recognized the power and flexibility created by combining ClaimForce technology, single-point connectivity and broad multi-service vendor networks,” said Dennis O’Mahoney, CEO of ClaimForce.” Insurance industry leaders are increasingly adopting innovative outsourced managed services solutions, which effectively address critical needs. ClaimForce allows clients to effectively manage and/or outsource any or all of their automobile and property claims with single-point access to trusted and industry leading claim service providers offering service levels and performance metrics which match the needs of the insurer and their policyholders.”
ClaimForce connects over 20,000 claim service providers to insurance, fleet and trucking companies seeking to shorten their claims process while managing, establishing or supplementing their existing claim services, ensuring standardized, efficient processing and provides workflow management for all participants. Proprietary ServiceScore™ ratings and other key cost and performance metrics enable informed decisions and improved service levels, customer satisfaction and retention.
About ClaimForce, Inc.
ClaimForce is an online business services company that enables insurance claim professional to streamline the claims service procurement and management process by improving the way the insurance industry buys and manages the products and services that are needed to resolve insurance claims.
Under the agreement, ClaimForce will manage a single-point, Business Process Outsource solution which provides the carrier with a centralized, efficient method of managing the services of multiple vendors across different claim service types, thus allowing Claim operations to better focus on more complex claim handling activities and those that drive customer satisfaction.
“This client recognized the power and flexibility created by combining ClaimForce technology, single-point connectivity and broad multi-service vendor networks,” said Dennis O’Mahoney, CEO of ClaimForce.” Insurance industry leaders are increasingly adopting innovative outsourced managed services solutions, which effectively address critical needs. ClaimForce allows clients to effectively manage and/or outsource any or all of their automobile and property claims with single-point access to trusted and industry leading claim service providers offering service levels and performance metrics which match the needs of the insurer and their policyholders.”
ClaimForce connects over 20,000 claim service providers to insurance, fleet and trucking companies seeking to shorten their claims process while managing, establishing or supplementing their existing claim services, ensuring standardized, efficient processing and provides workflow management for all participants. Proprietary ServiceScore™ ratings and other key cost and performance metrics enable informed decisions and improved service levels, customer satisfaction and retention.
About ClaimForce, Inc.
ClaimForce is an online business services company that enables insurance claim professional to streamline the claims service procurement and management process by improving the way the insurance industry buys and manages the products and services that are needed to resolve insurance claims.
