HONOLULU, HI--(Marketwire - June 7, 2010) - BlueWave Technology™, a provider of property/casualty claims software, announced today the availability of PipelineClaims 4.2, a modern web application which combines core claims administration with business process management (BPM). With PipelineClaims, an insurer's mission-critical claims operations are centralized onto one technology platform that manages the full claims lifecycle from first notice of loss entry through claim investigation, settlement and closure.
Developed with configuration and integration as key architectural priorities, PipelineClaims 4.2 allows insurers the ability to tailor the application's workflows and business rules to their unique needs, then have the system automatically execute and monitor those business processes. In addition, PipelineClaims was built on a flexible and proven Java architecture which enables the application to integrate seamlessly with other core systems in any IT environment.
PipelineClaims 4.2 provides a highly intuitive, web-based user interface along with numerous options for system configuration and customization. Some of the most in-demand new features of PipelineClaims 4.2 include:
- Configurable fraud and claim scoring
- Automated reserving
- Upgraded Correspondence module
- Comprehensive transaction audit logging
- Enhanced Financial Model administration
- Simplified System Preferences setup
- Code List management
In a recent system selection project, Bob Khosropur, Chief Claims Officer for NBIC, noted, "Pipeline impressed us with a state-of-the-art system providing flexibility and capacity for a reliable, user-friendly claims system. The system is sophisticated enough to handle all of our needs, and yet is intuitive enough to quickly train new users to a level of proficiency in its functionality."
Recently recognized as the "Company to Watch for 2009" in Insurance Networking News' and Celent's VIP Awards, BlueWave Technology was also one of the companies which helped Farmers Alliance Mutual Insurance earn the respected 2009 Celent Model Carrier of the Year Award.
About BlueWave Technology
BlueWave Technology, developer of PipelineClaims, a state-of-the-art, browser-based, technology solution that combines core claims administration capabilities with business process management (BPM) and configurable business rules, offers rich functionality to help property/casualty insurance companies, third-party administrators (TPAs), and self-insured organizations improve customer service, enhance profitability, drive down claim costs and increase customer retention rates through modern technology with the lowest total cost of ownership (TCO) available in the insurance industry today. For more information about BlueWave Technology or PipelineClaims, please visit www.bluewavetechnology.com or contact Renata Bell at 866.927.9981 or rbell@bluewavetechnology.com.
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