Adeptia Inc., an innovative provider of business process management (BPM) technologies, announced today the release of book of business, agency-carrier interface and claims management solutions for the insurance industry. Adeptia solutions cater to diverse business needs of carriers, brokers, reinsurers as well as their customers. Adeptia solutions offer a complete and cost-effective approach by combining essential elements of workflow, information management, collaboration tools and insurance industry standards.

Adeptia automates all crucial transactionsfrom form submission to policy and endorsement issuance, and from first notice of loss to claims payment. Thus, Adeptia insurance helps enhance agent/broker relationships, improves underwriting quality, and reduces claims processing time as well as cost per claim.”Business process management or BPM is the ideal solution to optimize business processes, reduce costs and enhance profitability. By creating an insurance version, we have aligned it with the business needs of the insurance industry.

Lou Ennuso, CEO of Adeptia.The benefits of Adeptia insurance solutions are: Adeptia Book of Business transfer solution helps deploy portfolio 75% faster than any custom coded solution. The Agency-Carrier Interface solution increases revenues by 10% or more per agency. The Claims Management solution helps reduce cost of managing automation of claims process by 30% to 50%.”To fully utilize the potential of BPM technology for the insurance industry, Adeptia has combined it with industry-standards and tailored it to suit the insurance business life cycle.

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