News

Eurobase is now ECF Write-Back ready

[fa icon="calendar"] Feb 10, 2017 2:25:36 PM / by Kathryn Emerson

Eurobase International Group is pleased to announce that it is now ECF Write-Back ready.

Write-Back is the latest significant London market initiative being facilitated by the LMA in the claims space and has been developed to enable a seamless integration for reviewing and approving claims from a single platform.

synergy2 is our web based platform which can be used to handle the complete lifecycle of any (re)insurance claim and which supports straight through processing of claims. This means that there is no longer the need to update electronic claims files (ECF) separately, eliminating the need for separate platforms and data.

The key features of

 

our ECF Write-Back solution are focused around the prompt review and response of claims within synergy2 and key benefits include:

  • A cost effective automated claims notification process
  • Improved claims settlement period
  • Industry relevant regulation and compliance
  • Removal of duplication of effort caused by working across multiple systems

With more than 25 years of experience in delivering claims management solutions to the London Market, Eurobase is a specialist provider in this space. synergy2 is at the forefront of technological provisions, enabling (re)insurance companies to harmoniously bring together the technology used across their operational landscapes and supporting regulatory compliance.

Stuart Elliston, Development Director at Eurobase Insurance Solutions said “Supporting ECF Write-Back is another key milestone for us in the claims area, utilising the latest ACORD certified messaging capabilities of our synergy2 platform.”

He added “Eurobase’s strategy for dealing with evolving market requirements is to provide real business value to our customers. Along with our recent ACORD certification for DRI services, this accreditation ensures that Eurobase continues to increase our value-add and support market development.”

Eurobase is pleased to be part of the ECF User Group's ECF Write-Back Forum, which takes place on Tuesday 21st February from 9.00 at the Old Library, Lloyds of London, EC3M 7HA. We look forward to seeing you there.

 

Topics: Insurance, News, Synergy, London Market, Reinsurance, Eurobase, new, Technology, ACORD


 

Come to meet us

View Eurobase Events