Claims Management

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Product Details

Ravello's web-based Claims Management software offers complete and flexible end-to-end processing of claims from First Notice of Loss to close. It is offered as a stand alone application and integrates into Ravello's Policy Administration and Billing Management systems for a complete solution suite.

Highlights of Ravello Claims include:
- User configurable interface and workflow
- Fee schedule engine for medical bill payments
- Multiple claim assignment capabilities including data entry, website claim entry and web services or electronic importation of claims
- Loss ratio reporting
- Facultative reinsurance with treaty management
- FNOL one screen entry with policy information retrieval
- Serious injury flag for automatic alert to all interested parties
- Full diary engine provides task assignments and due dates for all users involved in the claims process
- Detailed time and expense tracking on all claim activities for claim cost analysis
- Complete claim payment and recovery capabilities from request, authorization and printing of checks from vendors and claimant indemnity payments
- Comprehensive claim reserving and tracking of reserve changes
- Ad-Hoc Reporting
- Complete tracking of retrospective policies and retrospective rating calculations
- Detailed flagging capabilities
- NCCI Reporting
- Comprehensive vendor/contact management
- Litigation management
- Duplication/fraud detection
- Email capabilities
- Comprehensive search capabilities

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