BlueWave Technology, a provider of property & casualtyclaims software, announces the availability of PipelineClaimsVersion 5.0, an upgrade to the company's modern Web-based claimsadministration system that supports the ISO ClaimSearch UniversalFormat.

“We're excited to release Version 5 since it introduces newflexibility and efficiencies for our clients, both key principlesin the development of PipelineClaims.” says Alyssa Hostelley,president of BlueWave. “This version builds upon the coretechnology platform of PipelineClaims that centralizes managementof the full claims lifecycle from first notice of loss (FNOL) entrythrough claim investigation, settlement and closure.”

PipelineClaims Version 5.0 features a Web-based user interfacealong with numerous options for system configuration andcustomization. In addition to enhanced financial administration andworkflow configuration, the system features multi-line support ofISO ClaimSearch Universal Format out-of-the box. This supportempowers clients to reduce data-entry while leveraging ISO servicessuch as ClaimSearch, ClaimDirector, and Medicare Secondary PayerReporting Service, allowing claims departments to comply withMedicare reporting, a federal requirement that has pressedinsurance companies to seek modern technology to easeadministrative burdens.

Developed with configuration and integration as keyarchitectural priorities, PipelineClaims 5.0 allows insurers theability to use pre-configured values, business rules and workflowsto expedite implementations or tailor them to company-specificneeds. Support of business rules and workflow management automateprocesses, providing company-wide claim best practices andoperational efficiencies. In addition, PipelineClaims was built ona Java architecture which enables the application to integrate withother core systems in any IT environment.