BlueWave Technology announces the companys flagship claims management system for property/casualty insurance companies, PipelineClaims, has been recognized in a recent report published by Celent, a Boston-based research and advisory firm specializing in financial services, as modern, intuitive, and well-designed.
PipelineClaims is a rules- and tools-based, Java web application that combines traditional claims administration with business process management (BPM). BlueWave Technologys solution features an intuitive, browser-based user interface (UI) on a flexible, scalable technology platform which allows for seamless integration with existing in-house systems. PipelineClaims configurable workflows make it possible for insurers to automate processes and change business rules without an additional investment in professional services.
“References were quite positive about the systems features and functions, especially financial features such as payments and reserving () and reported good to excellent implementation experiences, including the on-time and on-budget dimensions,” said Donald Light, senior analyst on Celents insurance team and author of the report, Claims System Vendors: North American P/C Insurance 2011.
Further, the profile of Bluewave Technology and PipelineClaims features an overview of the companys background and product highlights; information about the products basic and enhanced functionality, as well as product breadth; plus, details about technology, usability, reporting, analytics, implementation timeframes and costs.
Recognized as the Company to Watch for 2009 at the VIP awards by Insurance Networking News and Celent, BlueWave Technologys 2011 to 2012 product roadmap for PipelineClaims includes integration of ISO ClaimSearch, support for bulk payments, email integration, mobile application support, and upgrades for both the workflow and rules engines.
“We are very pleased that this report recognizes the benefits that can come from implementing a claim management system built on a modern platform that provides flexibility and integration options for insurance carriers, said Riki Fujitani, president and CEO of BlueWave Technology. “We believe inclusion in this Celent report reinforces BlueWave Technologys PipelineClaims as a smart choice for insurance carriers looking to modernize legacy claim systems.
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