Fireman's Fund wants a policyholder's first contact with the company to be via a Web-based claim-reporting app.
Hoping to grease the skids when it comes to policyholders reporting a loss, Fireman's Fund Insurance Co. has deployed a hosted, Web-based claim-reporting system for use by consumers.
The property-and-casualty insurer is using ClaimCapture from First Notice Systems Inc. to expedite initial contacts following a loss. Assuming it's not the computer that's been stolen, a policyholder can go to the Fireman's Fund site, type in a policy number, and file a report. Insurance company employees contact policyholders directly in response to the online claim. Policyholders also can report a loss by phone if they want.
The insurer's goal is reduce the cost of filing claims. Working with software instead of calling a person should be less expensive. It also should be quicker for consumers to file claims and receive responses. First Notice charged Fireman's Fund an undisclosed, one-time fee for custom development. The vendor also charges Fireman's Fund per transaction completed using ClaimCapture.
Fireman's Fund says it has deployed ClaimCapture in seven business lines. The app employs business and data-distribution logic so that it can adapt to a range of data that a policyholder might insert into claim forms, according to First Notice.
The insurer already outsources a First Notice phone-and-fax claim-reporting system as part of a business-process-outsourcing contract.
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Join us for a roundup of the top stories on InformationWeek.com for the week of September 18, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."