Because the technology experts at MFX are first and foremost insurance experts, every MFX product has been intelligently designed to meet the real-world needs and cost efficiencies of the industry at every level, from the smallest independent claims office to the largest multinational insurance corporation. Based in Toronto, MFX is also the ideal partner for its North American outsourcing clients. On-site visits are easily accommodated, and there are no time zone issues.
Headlining its comprehensive and powerful solutions, MFX proudly announces RiskVault, an intuitive, independent web-based portal, built by insurance industry professionals to ACORD XML standards. RiskVault houses all claims data on a single, standard platform, offering real-time, 24/7 access to multiple users. For the ultimate in seamless data assimilation, MFX will write the interface to existing legacy systems.
As an ASP, RiskVault establishes a paperless system virtually overnight. Requiring only a PC, web browser and Internet access, RiskVault is a digital repository for all financial data and claims-related documents, including all necessary forms. RiskVaults multi-media capabilities allow not just word documents but photos, sound and video files to be attached and accessed. Add a digital camera and scanner, and a small claims office can be transformed instantly to a state-of-the-art risk management center.
RiskVault is just one of the fully customizable, robust products created by the insurance experts at MFX all of which can be white-labeled to meet a companys individual needs.
MFX ClaimsAssure is a web-based complete claims processing system so intuitive it can instantly assemble, display, prioritize and submit claims information, however complex the workload. Necessary claims documentation can be received as a fax or
e-mail, captured as an image file, stored, flagged for special handling and sorted to multiple destinations. A Financial Impact window provides detailed financial information, and pop-up menus offer relevant links. Completed tasks trigger automatic updating, color-coded diary entries highlight important items, and a correspondence module edits standard letters to customized specifications. A Workers Compensation module processes forms according to state requirements; and a Reserve Analysis Worksheet is automatically updated by disability type. Bills can be processed with Explanation of Benefits, and payments grouped by vendor for bulk processing.
To accelerate claims administration, MFX offers XchangeClaims a web-based system that eliminates paper-based bottlenecks and enhances customer reporting. No matter the work volume, XchangeClaims allows TPAs to manage the diverse needs of multiple clients and deliver improved customer service. Customizable edits and validations effectively track Service Level Agreements, resulting in accurate data and clean loss runs.
MFX is a subsidiary of Fairfax Financial Holdings Limited, a global financial services holding company. MFX was formed as an independent technology company to support insurers, reinsurers, risk managers and brokers. Its proven solutions are designed specifically for the insurance industry, making MFX the ideal technology partner for those ready to move at the speed of opportunity.
As a leading provider of insurance technology, MFX proudly salutes IASA on this historic event. Congratulations on your 75th Anniversary!
For more information call (866) MFX-MFXX or visit our Website at www.mfxfairfax.com.
 |  |
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.