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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.

It provides a bird’s eye view of the customer across product lines, thus enabling accurate Claim assessment and enhanced customer experience.

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 Insurance firm dramatically. Insurance companies need claim processing systems that allow for rapid integration with legacy and other applications, process claims efficiently and optimally, and augment functionality and services quickly and easily.

The Elixir Claim Component incorporates best practices to streamline the entire process from capturing of First Loss of Notification to estimation, verification, inspection and payment through to closing of claim.

It enables you to:
Increase claim processing speed, and accuracy of claim-related information captured
Ensure single point availability of information
Enhance customer/channel service with quicker claim turn around time and pro-active service
Process claims effectively
Integrate third party systems and improve communication between various groups of users

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Claims Auto Insurance: Comprehensive Functionality

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