PCIS, a provider of policy administration and claims solutions, announces it has introduced a business intelligence (BI) module for the ClaimsVision claims administration solution.
The BI module allows insurers to analyze historical claims data to identify trends, budget cash flow, predict outcomes, and uncover potential fraud.
The module offers browser-based analytics and an ad hoc reporting environment that enables carriers to turn data into actionable knowledge by producing all standard operational reports, conducting business data analyses, and accessing dashboards that offer key performance indicators in a visual representation for analysis and review.
The ClaimsVision BI module includes:
- Zero footprint for quick implementation and anywhere/anytime access
- Security that allows third-party access to selected data elements
- A library of standard reports for claims management, risk management, and client-specific reports
- Ad hoc reporting capabilities
- Analysis and reporting for all data elements
- Automated scheduling and analysis report distribution
"We are pleased to introduce the BI module and to offer it as another value-added capability to our ClaimsVision clients," says Georgette Loizou, executive vice president of PCIS. "We appreciate their continued business and commitment to PCIS products and services. It's the strong client relationships that enable us to continue to enhance our product offerings and deliver even greater value in return for our clients' investment and support."
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