All these packages are developed using web technology and are easy to use and implement. They are all fully Java based, N-tier and customer-centric insurance administration systems.
eBaoTech GeneralClaim is an online collaboration software for general insurance claims processing and management. It leverages internet and imaging technology to connect all parties together with full information available to work together on general insurance claims, improving claims results by reducing cost, preventing leakage and improving customer satisfaction. Products Supported: Motor, property, personal accident, travel, marine and cargo, liability, engineering, bond, package product, and others; Functionality Supported: FNOL, assignment, reserving, indemnity calculation, settlement, appraisal, parts quotation and bidding, salvage, subrogation, document management, closure and reopening, and reporting.
KEY BENEFITS
Reduce Indemnity Costs: About 60% of written premium flows out as indemnity pay off, of which more than 12% are unnecessary or 'Leakage'. eBaoTech GeneralClaim provides a complete solution to reduce indemnity leakage by improving reserving accuracy, reducing mistakes, and preventing frauds.
Reduce Expenses: Expenses account for 15% of combined cost of claims. eBaoTech GeneralClaim's claim automation will improve the efficiency and reduce the unnecessary expenses.
Increase Customer Satisfaction: eBaoTech GeneralClaim enables insurance companies to provide better services for customers by reducing cycle time, defining 'Fast Track' packages, providing real-time notifications via mobile phone text message and so on.
