Claims Management Software makes for swifter car insurance claims handling

riumClaims has a swift solution to the rising number of carinsurance claims, particularly in winter. The switch to Greenwich Mean Time onSunday 28 October meant Monday commuters found themselves hitting the roads in thedark. With the earlier nights, some 15% of drivers admit struggling to adapt to thenew conditions. New and improved case management software from AquariumClaims makesthe claims handling process quicker and more efficient for insurance companies.There has been a rise in motor injury claims to over 2 billion per year. Costs perinsurance policy for claims of more than 5 million have jumped by 30% per annumover five years according to recent reports. The total cost of bodily injury claimspaid by UK motor insurers has significantly outstripped inflation over the pastdecade, according to the fourth UK Bodily Injury Study. Claims inflation was 9.5%per year between 1996 and 2006 more than double the growth in average earnings.Over the last 20 years, claims costs have risen by 840%. With the increase in car claims, fast and efficient handling of the claims is vitalfor the insurance industry. Version 2.1 of AquariumClaims case management softwaremakes the process simpler, smarter and swifter for claims companies. AquariumClaimsis a state-of-the-art claims management software solution specially designed forfast growth claims companies. Version 2.1 delivers even more benefits to the user,further speeding up the claims handling process. The significant increase in car insurance claims over the years has made the claimshandling task more difficult for the insurance industry. There are a greater numberof cases to handle, while claims companies have to work faster and more efficiently.This is where AquariumClaims delivers. The new easy-to-use features in Version 2.1make it an even better product, delivering greater simplicity and reliability to theclaims handling process, said Aquarium s product marketing director Mark Colonnese.Claims software from Aquarium has been designed specially for claims handlingbusinesses. It is quick to set up and is available at a comparatively lower cost. Ituses the latest web-based technology giving users a powerful solution at a cost thattraditional software providers cannot match. Aquarium has set up a 60 second online test which allows claims companies tocompare their current processes with state-of-the-art claims processing usingAquariumClaims. The test is free and confidential, and the results are emailed backimmediately to the user. Interested claims managers can take the AquariumClaimsonline test at www.aquariumclaims.com.For further information contact Aquarium Software, free of charge, on 0800 781 7570or visit www.aquariumclaims.comNotes to editorsTraditional software is installed locally on the user s own server, so requires theuser s IT staff to install and update the software. By using a Software as a Service(SaaS) model, Aquarium does away with this, taking care of installation, maintenanceand upgrading of the software as well as secure data storage. The company has alsorevised its pricing model so, instead of the traditional upfront license costs,ongoing maintenance charges and heavy consultancy set-up fees, Aquarium can offerusers faster start-up and much more flexible pay-as-you-go pricing, if they want.

Source: Express-Press-Release.com

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