Risk managers are one step closer to having a truly paperless claims environment.
Now, courtesy of the Internet, that dream is coming true. For years, insureds, insurers, and TPAs have been looking for better claims management solutions. Current information systems provide companies with the ability to monitor and report on claim activity, but they tend not to offer claims filing solutions. Because of this, there is the potential for time delays and inaccurancies in data transmission. To varying degrees of sophistication, providers have been developing software products specifically targeting this missing link in the claims process.