ORLANDO, Fla., Feb. 17, 2010 (GLOBE NEWSWIRE) -- Simsol Software (Simultaneous Solutions, Inc.) is proud to announce its new, web-based electronic claims assignment and tracking software package, ClaimsWire™, has successfully processed its 10,000th property claim.
ClaimsWire™ enables insurance carriers and independent adjusting firms to electronically send, track and review property losses assigned to their field, inside and third-party adjusters as well as other claim service providers. Once assigned, adjusters download all policy and loss data into their Simsol adjusting and estimating software. Loss estimates and supporting claim documents are uploaded back to the carrier or Independent Adjusting (IA) firm for review, payment or further processing. All data is transmitted in XML via pre-defined web services for integration into carrier policy and claim management systems, further speeding up the claims process.
"Using the ClaimsWire™ claims workflow solution, our insurance carrier and independent and catastrophe adjusting firm clients are realizing significant reductions in the average life cycle and Days of Service for their property claims," states John Postava, President of Simsol. "Claim managers using the software have all estimate and loss data from their adjusters and outside vendors right at their fingertips. This enables the managers to make informed decisions as to the disposition of their property claims. ClaimsWire™ is also an excellent tool for monitoring adjuster and vendor productivities and submitted work product."
ClaimsWire™ is 100% web-based and integrates with many of the most popular Windows®-based claim management solutions currently in use by insurance carriers today.
For more information on Simsol's ClaimsWire™ software, contact John Postava at 1-800-447-4676 x321.
About Simsol
Simsol Software (Simultaneous Solutions, Inc.), founded in 1987, is a leading provider of property estimating and data analysis solutions to the insurance industry. Simsol is dedicated to providing insurance carriers, independent adjusters and restoration contractors with leading edge technology through its software applications. The company's current suite of products include both PC and web-based applications for structure repair estimating, contents valuation, structure appraisal, electronic claim assignment and data analytics.