Pegasystems Inc., a provider of business process management (BPM) and customer relationship management (CRM) solutions, has unveiled a new insurance claims solution to improve the way insurers process claims and deploy claims management functionality across operations.

Pega Claims for Property and Casualty Insurers provides greater ease-of-use and faster time to value through a single platform designed to support the varied claims management needs of insurers. Pega's Build for Change technology delivers rapid deployment and increased flexibility without compromising functionality.

"Property and casualty insurers need a claims solution that is easier to use, but with significantly faster time to business value," says David Carlon, director of insurance industry solutions for Pegasystems. "Frankly, the insurance market should not have to tolerate slow deployments and lengthy IT efforts. Insurers need a new kind of solution that is designed by and for insurance business users, with intelligent automation of industry best practices. Pegasystems' new solution dramatically reduces complexity, accelerates business value, and lowers claim servicing cost because, unlike legacy approaches, it delivers full end-to-end claims process capabilities on a single, unified and open platform."