QUINN-Insurance Goes Live With FINEOS Claims(R)
DUBLIN, Dec 3/ PRNewswire-AsiaNet/ --
- FINEOS Delivering Automated Claims Management for General/P&C Insurance
FINEOS Corporation, a global provider of innovative enterprise
software solutions for insurance, bancassurance, and government, announced
today that QUINN-Insurance, the second largest property & casualty insurer in
Ireland, has gone live with its FINEOS Claims solution. FINEOS is now
providing comprehensive enterprise claims management for QUINN's private
motor lines and will be used by 600 employees at QUINN's insurance operations
in Ireland. The second phase of the project will see the expansion of FINEOS
Claims to cover commercial lines and home insurance.
Colin Morgan, General Manager at QUINN-Insurance, welcomed the
go-live of the project. "FINEOS Claims will deliver improved efficiencies in
claims processing which in turn helps us deliver greater value to our
customers. FINEOS will support our future growth plans by enabling us to
drive a more efficient claims process to manage reserves and deliver customer
satisfaction."
In the high claims volume insurance industry, particularly for
motor claims, it is critical that insurers can process more claims faster and
with greater accuracy. FINEOS Claims enables QUINN to automate its claims
process and reduce administrative costs.
FINEOS was selected by QUINN following an evaluation of
software solutions available for general insurance (property & casualty)
claims processing. FINEOS' general insurance expertise and track record of
delivery in the sector were key factors in the selection. QUINN was also
confident that FINEOS was best placed to meet the aggressive timeframes it
set for the project.
According to Michael Kelly, CEO, FINEOS Corporation, "We are delighted to
have QUINN on board as a live client. The project timescales were aggressive
but both companies worked well together to drive a focused and successful
implementation."
About QUINN Insurance
Since being established in 1996, QUINN-Insurance has
transformed the Irish insurance market by driving down the cost of insurance
in Ireland and has gained a reputation for value, customer service and
innovation. QUINN-Insurance has been the fastest growing insurance company in
Ireland over the past 12 years, due to the excellent value products they have
provided to their customers. QUINN-Insurance is now the second largest
insurer in Ireland. In recent years QUINN-Insurance has expanded its business
outside of Ireland and now is a leading insurer in the UK. The Company
provides general insurance products including private and commercial motor,
health and home insurance, as well as a range of business insurance options,
including employer's liability, public liability and property damage.
Products are sold over the phone to customers and brokers from purpose built
call centres in Ireland and the UK. In addition, the Company's Internet site
allows customers to get immediate cover for private motor, home and
commercial motor insurance. The Company has over one million customers who
have come for excellent value and top quality customer service.
QUINN-Insurance Limited is regulated by the Irish Financial Regulator. For
About FINEOS Corporation
FINEOS is a global innovator of enterprise software solutions
for insurance, bancassurance, and government. FINEOS solutions address core
business processing requirements including claims & case management, CRM, new
business/underwriting, and policy administration. FINEOS solutions are built
on a rules-driven, service-oriented, component-based enterprise platform that
serves as a flexible infrastructure for new product introduction, legacy
enrichment, and business transformation. FINEOS is delivering documented
benefits for some of the world's leading insurers, government agencies and
banking institutions. The company is headquartered in Dublin, Ireland with
offices in North America, Europe and Australasia. For more information,
Contact:
Susanne Ryan
Senior Marketing Manager
FINEOS Corporation
+353-1-6399918
susanne.ryan@FINEOS.com
SOURCE: FINEOS Corporation
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