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The Elixir Claim Component enables insurance companies to dramatically improve the effectiveness and efficiency of claim processing while reducing the processing cost per transaction.

The Elixir library contains the following business components:
Product Architect
Point of Sale
Channel Compensation
Claim Processing
  • Life & Health
  • Auto Insurance

 

Claims departments impact the bottom line of the life insurance firm dramatically. Effective Claim analysis can drastically improve the quality of underwriting, optimize reinsurance and assist in product innovations. Life Insurance companies need claim processing systems that allow for rapid integration with legacy applications, process claims optimally, and augment functionality and services quickly and easily.

The Elixir claim components for Life & health and for Auto insurance are designed to provide a bird's eye view of the customer across product lines, thus enabling accurate Claim assessment and enhanced customer experience.

 

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