What is Insurance Claims Management Software?
Insurance Claims Management Software is used to organize and manage customer records. It also provides risk evaluation to detect fraudulent insurance claims.
Insurance Claims Management Software
Insurance Claims Management Software Overview
Best Insurance Claims Management Software include:
Ventiv Claims, Xactimate, Guidewire ClaimCenter, Shift Technology, ClientConnect, Insurity Claims Decisions and ClaimsXpress (SIMS Claims), ClaimXperience, Ventiv Policy, Applied CSR24, and i3claim.
Insurance Claims Management Products
(1-25 of 76) Sorted by Most Reviews
The list of products below is based purely on reviews (sorted from most to least). There is no paid placement and analyst opinions do not influence their rankings. Here is our Promise to Buyers to ensure information on our site is reliable, useful, and worthy of your trust.
Ventiv Claims
Customer Verified
Ventiv Claims Administration software is designed to handle claims with speed and precision.
The TriZetto Core Administration platform aims to provide the flexibility, automation and configurability needed to boost payer efficiency and launch new business models. Cognizant’s line of TriZetto Healthcare Products provides enterprise-wide core administration solutions. Editions…
GuideWire Software in California offers ClaimCenter as an end-to-end insurance claims management system for personal, commercial or workers compensation, with automation designed to eliminate the need to perform low level tasks associated to managing claims.
Shift Technology in Paris offers their cloud-based technology as a claims automation system for insurers, with an emphasis on fraud detection.
Pega Customer Service is a solution for solving interactions with customers, including collections, claims management, and other case management. It is available in 3 editions: the Digital Customer Engagement Edition, the Enterprise Edition, and the Case Management Edition.
Insurity Claims Decisions and ClaimsXpress (replacing the former SIMS Claims that was acquired by Insurity) helps deliver an exceptional customer experience by resolving claims more effectively and efficiently with a cloud-native platform designed for scale, performance, and reliability.…
Mitchell International headquartered in San Diego offers WorkCenter as an insurance claims management system specific to auto collision repair and other collision related claims.
Symbility ClaimsConnect is a claims management product for the insurance industry.
Bridge Claims Management from Oceanwide supports collaboration between insurers and the insured, as well as third parties, in the resolution of claims with automated correspondence and collaboration resources, as well as risk management tools.
British company JC Application Development (JCAD) offers LACHS, a claims management application focused on risk management in the claims process.
Majesco in New Jersey offers their eponymous Majesco Claims software to insurers to provide end-to-end claims lifecycle management, with a focus on business rules and risk management.
Duck Creek Technologies offers Duck Creek Claims, another application for the insurance company, this focused on claims processing for property and casualty insurers.
Oracle Insurance Claims is a claims lifecycle management system featuring claims assignment rules, business intelligence, and other features of use to larger organizations and enterprises.
HyperQuest in Chicago offers their insurance claims application to property and casualty insurers, focusing on easily accessible centralized information related to claims.
New York company PCIS offers ClaimsVision, a cloud-based claims management offering containing a claims processing, a business rules engine for claims assignment, and accounting, among other features.
QIS Claims Management from Dutch company Keylane is a claims administration application focused on customer relationship management and operational efficiency related to this.
Ventiv insurance policy management software is offered to streamline access to data and deliver timely information to executives, underwriters, and agents.
FINEOS in Dublin offers their FINEOS Claims application to insurers of all sizes, a claims management platform focused on effective customer communication and analytics to improve retention.
nsurity Workers Comp Suite (replacing the former Tropics Claims) is a workers' compensation focused insurance claims administration software, featuring document and payment management, an automated reinsurance module with definable rules, and is now supported by Insurity since acquired…
JDi Data in Fort Lauderdale offers Claims Manager, boasting an emphasis on fraud detection mitigating risk with its risk management information system (RMIS) for claims administrators.
Insuresoft in Illinois offers Diamond Claims, a web-based application touting an efficient claims handling process with many possible third party integrations.
Sapiens headquartered in Cary, North Carolina offers Sapiens IDIT, a suite of applications for the non-life and general insurance providers.
Learn More About Insurance Claims Management Software
What is Insurance Claims Management Software?
Insurance Claims Management Software focus primarily on providing information essential for the evaluation of claims with a centralized system of record. Beyond providing operational efficiency in the management of claims, insurance claims systems should also reduce the risk of fraudulent claims by providing access to all relevant data associated to claims in an organized fashion, supporting risk evaluation.
Insurance Claims Management Software Features
Insurance Claims Management Software include the following identifiable features:
Multichannel notifications
Automated claims processing
Risk assessments & fraud detection
Document storage and management
Detailed reports and analytics
Payment processing
Insurance Claims Management Software Comparison
When comparing Insurance Claim Management Software, consider the following factors:
Software Integrations: Select insurance claims management software that integrates with CRM, accounting, and Business Process Automation software.
Data Storage: Insurance claims management software is offered with cloud or on-premise data storage.
Workflows: The software workflows are customizable based on the type of claim being processed.
Insurance Claims Management Software Price
Insurance Claims Management Software vendors typically charge a monthly or annual subscription fee per user. The cost of Insurance Claims Management Software can range from $10/user/month to over $200/user/month. Contact vendors to get specific pricing information and request a demo.
Frequently Asked Questions
What are the benefits of using Insurance Claims Management Software?
Insurance Claims Management Software maximizes efficiency with Business Process Automation features. It also helps manage all customer information to quickly handle claims.
What is the best Insurance Claims Management Software?
The Insurance Claims Management Software with the most reviews on TrustRadius is Xactimate, which is recommended for small to medium-sized businesses. Shift Technology and ClaimCenter also received positive reviews for efficiency.
How much does Insurance Claims Management Software cost?
Insurance Claims Management Software vendors typically charge a monthly or annual subscription fee per user. The cost of Insurance Claims Management Software can range from $10/user/month to over $200/user/month.