Banking and software company FINEOS Corporation has released FINEOS Claims Management for the property and casualty insurance sector.

Banking and software company FINEOS Corporation has launched FINEOS Claims Management for the property and casualty insurance sector.

The system provides insurance companies with a central application for effectively managing personal injury, motor, property and commercial claims and is designed to streamline the manual costs associated with processing
these claims.

FINEOS' CEO Michael Kelly said: "Effective claims management is a major issue in the insurance industry as the process ensures large cost savings and allowing insurance companies to become more competitive and responsive to their customer needs. FINEOS Claims Management has been developed around the real industry needs to ensure the solution is what the market requires."

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