Insurance companies today are adapting themselves to rapidly changing customer demands, increasing competition and stringent regulatory requirements. With market consolidation and expanding lines of business, successful insurance companies are finding ways to support new or modified products, services, channels, data, partners, processes and billing — and are trying to accomplish all this while striving to improve service and
simultaneously reduce costs. No small task.
i3’s InsureBill is comprehensive, state-of-the-art, sophisticated billing software designed and developed by adopting Service Oriented Architecture (SOA) and provides a vast selection of features that help carriers competently manage the revenue of entire business enterprise. InsureBill is flexible and easy to use, it improves cash flow and generates timely informative and seamless reports.
The hallmark of InsureBill is that it is designed for more efficient cycles which not only makes internal staff much more efficient, but helps the organization to externalize the business functions and to reduce operating costs.
InsureBill supports single, multiple policy accounts, multiple payers for policies and non premium billing including deductibles, claim payments, recoveries, and subrogation. A comprehensive suite of application modules are available with each indicating a concise, precise and methodical way to navigate through the system in the most effective, efficient manner.
- InsureBill is a one stop solution for any Insurance organization in need of a complete Billing System. It easily integrates with legacy systems and accomplishes all the current and future needs in premium billing and accounting process.
- Cost-Cutting: Built on the grounds of a solid framework, the system delivers the cost savings, achieved from the implementation of i3’s onsite-offshore delivery model.
- Improve Efficiency, Increase Productivity: The user friendliness of the system ensures enhancement of the performance