(Photo credit: Paul Keheler.)
Vikaran Solutions, a Chicago-based workers’ compensation insurance-focused software provider has announced the availability of Business Partner Portal to complete its InsuranceExpert and WorkersCompExpert Software Suites.
Vikaran describes Insurance Expert and WorkersCompExpert as fully integrated core administration suites which include the PolicyExpert, Billing Expert, ClaimsExpert, Reinsurance Expert, QuoteExpert (Agency Portal) and Customer Portal modules. The Business Partner Portal module rounds out the capabilities of both suites, and further extends the capabilities of any workers’ compensation insurer, managing general agency, managing general underwriter, third-party administrators or self-insured employer beyond its enterprise alone, according to a vendor statement.
“We are excited to release the Business Partner Portal module for InsuranceExpert and WorkersCompExpert,” comments Sandeep Mehta, Vikaran’s CEO. “With this release, our customers now have a solution that addresses the entire insurance value chain. Implementing software suites which span the insurance value chain can result in increased operational efficiencies and better bottom line results for insurers, and we are pleased to be among the first to recognize these needs and address them.”
The vendor asserts that implementation of WorkersCompExpert typically results in significant modernization of not only systems, but critical workflows as well, thereby delivering higher levels of efficiency, increased speed-to-market, productivity gains and an enhanced ability to ramp up utilization of mobile and self-service capabilities.