ClaimVantage Delivers Support for JBoss Rules and Workflow to meet the Complex Requirements of the Insurance Carrier
The ClaimVantage strategy is to support Open Systems
Portland, Maine — Mar. 27th, 2007
ClaimVantage, an innovator in workflow and rules based claims and payment
software solutions, announced the integration of the JBoss Rules
and JBoss jBPM (workflow) engines with the ClaimVantage product
suite. A recent claim survey sponsored by ClaimVantage indicated
that insurance carriers want flexibility to deliver; copy and
reuse existing rules and workflow to support the business process.
“This functionality is critical to insurance carriers
who want to maintain their own repository of business rules
and workflow processes,” says Ted Nutter, President and
CTO of ClaimVantage. “This approach provides the insurance
carrier with total flexibility to react to customer expectations
and changes to product plans”.
According to a recent claim survey sponsored by ClaimVantage
only 30% of respondents can react to immediate product changes
and many wait long periods of time to have system changes completed.
“Over the years we have worked with many insurance carriers
who have identified this issue as frustrating, time consuming
and costly to the business,” said Leo Corcoran, CEO of
ClaimVantage. “Carriers want to reduce the amount of customized
code in their claim management system and use a repository to
store rules and business processes. We achieved these benefits
for our customers through the use of JBoss rules and workflow
engines”.
JBoss, a division of Red Hat is the global leader in open source
middle ware software. They combine enterprise-class JEMS open
source software with the industry’s leading services and
tools to provide simply a better way to transform your business
to SOA.
ClaimVantage is committed to delivering Disability and Long
Term Care claims management software that supports open source
software and development tools.
About ClaimVantage
Founded in Portland, Maine, ClaimVantage helps companies better
manage the complexities of claims and payment processing. The
ClaimVantage suite of products, ClaimView and ClaimPay, addresses
the industry-wide need to reduce the implementation timeline,
minimize project cost overrun and deliver best-of-breed claims
software that integrates seamlessly with existing enterprise
software applications. The ClaimVantage product suite supports
multiple lines of business in the Life & Health market.
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