5/1/2023 0 Comments 2020 vision works rome ga![]() Since the start of the COVID-19 pandemic, Employee Benefits carriers in North America and protection schemes across the globe have seen increased demand from their customers for new products, remote functionality, and faster processing times that cannot be achieved with legacy systems. 93% reduction for claims acceptance time: now accepted within five days of an accident, down from seventy.12% improvement in RTW (Return to Work).25% increase in claim settlements per day.40% improvement in staff satisfaction in billing and policy admin.These foundational capabilities are distinctive to the FINEOS Platform market offerings from claims to Integrated Disability and Absence Management (IDAM) to the full FINEOS AdminSuite which enables clients to move to quote to claim on one system.”ĭemonstrated client success metrics include: What’s more, innate policy and customer management capabilities that exist across the entire FINEOS Platform provide consistent product information as well as powerful, frictionless process and workflows across the platform. ![]() “As a result, our clients enjoy easier installations and upgrades. “The FINEOS Platform is purpose built to support the Employee Benefits market and therefore provides several advantages to our clients over repurposed P&C core systems,” said Chuck Johnston, CMO of FINEOS. We are grateful to our clients and SI partners for the tremendous implementation and upgrade achievements over the past year.”īy upgrading to the SaaS-based FINEOS Platform, clients will reap the benefits of a more modern and comprehensive unified system for integrated absence, group and voluntary benefits. This tells us that our clients see the value of our significant R&D investment made over the past 5 years and indeed are modernizing their core systems in support of their digital transformation. “Many of our global clients are actively engaged in brand-new installations, version upgrades and platform migrations. “We are pleased with our performance over the past year, especially given the challenges we all face in these times of COVID,” said Michael Kelly, CEO of FINEOS. This advertisement has not loaded yet, but your article continues below.
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