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LossWare™ showcased at ISOTech 2002 Conference
Dallas-Fort Worth - LossWare, the premier provider of business unit workflow integration solutions
for insurance underwriting loss control, show-cased their latest suite of loss
control solutions at the 2002 ISOTech Conference held November 10 - 12 at
Disney's Contemporary Resort in Lake Buena Vista, Florida. Several members of
LossWare's senior development team were on hand to discuss leveraging a
carrier's existing technology investment highlighting their deep understanding
and expertise in the areas of applied technology and solving some of the most
fundamental problems facing loss control organizations today.
Loss control
business units can provide their maximum contribution to helping
carriers remain competitive by fully integrating their workflow with existing
infrastructure and legacy systems forming a single end-to-end business process.
To enhance this capability, LossWare's application provides constant feedback
giving users real-time visibility providing all system users the ability to make
well-informed business decisions. Field-based users use an automated interface
to simplify and focus on completing quality underwriting surveys. Depending on a
user's assigned system rights, they can update and track assignments, even
through final archive, coordinate and load-balance workload and review billing
statements for internal and external customers.
"LossWare integrates disparate systems giving loss control managers
powerful tools to view the entire workflow process, while making it easier for
business units outside loss control to interact, thus enhancing the effectiveness of
the whole organization," said Guy Dragoo, National Sales. "The key to
modeling and automation of the loss control business processes is the ability to
visualize the entire process. The automated business process then drives and
enables the workflow allowing you to take control of your business unit, not be
constrained by it."
LossWare is an
enterprise platform for insurance underwriting loss control
business process integration used by Fortune 500 P&C carriers today to offer
a broad portfolio of loss control solutions. Responsible for pioneering
enterprise application integration for loss control, LossWare's latest version
release, 2.0, is now the first integrated Loss control solution to extend beyond
loss control and also solve interrelated challenges for underwriting, premium
audit and claims. The system architecture orchestrates loss control and related
policy interactions across a company's existing applications, databases and
people to continuously improve loss control effectiveness.
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