Fineos releases new claims management system

Software company Fineos has announced that it has released a new claims management system for property and casualty insurance company.

The new claims management system allows effective management of insurance claims, while streamlining the costs associated with processing the claims.

It does this by automating most of the claims handling processes and therefore makes it less error prone.

The system is scalable and can be deployed without the need to modify or replace existing business systems.

Fineos develops software solutions for the banking and Insurance sector. The company employs around 275 staff at its offices in Dublin, the UK, the Netherlands, Scandinavia and USA.