Wolters Kluwer Financial Services (Minneapolis) and Insurity (Hartford) have formed a strategic alliance that will enable Insurity to provide AuthenticWeb for Claims to its core insurance system customers. This Wolters Kluwer Financial Services web-based solution will help Insurity’s clients improve productivity in its claims departments by providing easy access to updated compliance information, according to a Wolters Kluwer statement.
As a result of the pact, Insurity will integrate all AuthenticWeb for Claims research content into its Claims Decisions platform. With more than 25,000 regulations affecting claims, AuthenticWeb for Claims will help Insurity’s clients find claims-specific requirements quickly while providing insights into the impact on their businesses, Wolters Kluwer says.
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Wolters Kluwer describes AuthenticWeb for Claims as an online compliance tool that helps clients minimize compliance risk and process claims quickly. The application includes a claims regulatory database with more than 9,000 regulatory summaries as well as nearly 1,300 claims-related forms, including user instructions for compliant completion.
Claims Compliance Commitment
“This alliance demonstrates our shared commitment with Wolters Kluwer Financial Services to ensure that insurance professionals have the tools they need to address claims compliance more effectively and efficiently,” comments Jim Hatch, CTO, Insurity.
The alliance also showcases the depth and breadth of Wolters Kluwers’ AuthenticWeb for Claims solution and its ability to help claims departments improve efficiency and mitigate risk, according to Chuck Ross, VP and general manager, Investment and Insurance, Wolters Kluwer Financial Services. “Together, we will continue to strive to provide claims departments with access to resources that enable them to make sound decisions and successfully navigate key compliance challenges safely and profitably,” he comments.