Verisk Insurance Solutions announced today that ISO ClaimSearch®, the industry-leading solution for improving claims processing and fighting insurance fraud, has developed a new integration model for claims system vendors. The ISO ClaimSearch alliance with core systems solution provider EIS Group marks a new era in the history of claims processing. Verisk Insurance Solutions is a Verisk Analytics (Nasdaq:VRSK) business.
The new ISO ClaimSearch integration model will provide EIS Group’s customers with an unprecedented interactive view of industry claims data. The model will help claims handlers who work in the EIS claims management system, ClaimCore™, to navigate seamlessly across a series of interactive analytics and improve efficiency. The availability of ISO ClaimSearch analytics within the EIS solution will also provide real-time claims data using a new single sign-on (SSO) and ETL (extract, transform, load) data extraction process.
“Implementing deep claims system integration is an important step in the evolution of real-time claim analytics and processing,” said Carlos Martins, vice president and general manager of ISO ClaimSearch Solutions. “EIS Group has shown foresight in bringing this project to fruition. The integration with ISO ClaimSearch will provide immediate benefits to its customers, ultimately helping them reduce cycle time and IT costs through numerous efficiencies. The implementation will also boost EIS customers’ bottom line through built-in fraud detection capabilities.”
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