Insurance Solutions Provider Comarch Ranked in Celent's Claims Systems Vendor List

By Tracey E. Schelmetic
TMCnet Contributor

Insurance software solutions provider Comarch (News - Alert) is announcing this week that it has been ranked among the leading European providers of Insurance Claims Systems in “Celent Claims Systems Vendors: European General Insurance 2012.” Celent is a research company specializing in business and technological advisory for financial institutions.

Claims processing is a busy area for technology solutions providers today. Core claims technology continues to be an area where insurers are upgrading and vendors are offering enhanced solutions. The Celent report profiles 18 claim system vendors in Europe, and features Comarch and its insurance claims processing solution.

Comarch Insurance Claims gathers information and identifies parties associated with the case including the beneficiary. Thanks to this, each user has access to the correct information about the current status of the claim and can inform the client at any time about the progress of the case. Many operations are performed automatically. Their range can be specified during definition of claims handling process. The fully-automated process of claims registration and handling can support an insurance company with improved customer satisfaction as a result of timely payments and professional service.

“Vendor investment in their solutions since Celent’s 2010 report is clear, and this is great news for buyers,” said Catherine Stagg-Macey, SVP with Celent’s Insurance Group and coauthor of the report . “This remains a highly competitive solution market.”

Comarch solutions for insurance were also mentioned in Celent’s last year’s reports. Comarch Nonlife Insurance was presented in the Policy Administration The System for General Insurers in Europe 2011 report and Comarch Life Insurance was featured in the EMEA Policy Administration The System 2011: Life and Pension ABCD Vendor View report.