3i Infotech breaks into specialty insurance
lines with first medical malpractice insurance customer
Edison, N.J. - October 21, 2005 - 3i Infotech (
www.3i-infotech.com ), a global provider of IT solutions
and services, announced Clarian Health Risk Retention Group (CHRRG) has
selected PREMIA™ to administer the medical malpractice insurance lines it
provide to members of the Clarian Health organization. CHRRG, a subsidiary
of the Indianapolis-based Clarian Health Partners, is dedicated to meeting
medical professional liability insurance needs of health care providers
within the Clarian Health Partners network.
PREMIA™ will provide
CHRRG with powerful business functionality that will enable it to streamline
processes and offer improved customer service. PREMIA™ has been
pre-configured to meet the special requirements of the medical malpractice
insurance industry and is a single platform solution that supports rating
and quoting, policy administration, claims, reinsurance and accounting. The
business benefits are further enhanced by a powerful reporting module that
assists and supports management in critical business decisions.
"We decided against building an in-house solution and chose PREMIA™ over
competitively-priced solutions because of its superior built-in
functionality that was not only in line with, but went beyond our
requirements," said Jeff Stafford, VP and COO, Clarian Health Risk Retention
Group. "We were further impressed because it can handle the unique
challenges of the medical malpractice industry and can be rolled out within
60 days."
Doctors can log into PREMIA™ Collaborator, a
self-service Web portal, to quickly obtain and accept insurance quotes,
change coverage limits or print out certificates of insurance. "This
enhanced offering will enable doctors to manage their personal workflow more
efficiently, and we expect PREMIA™ to exceed our expectations by
reconfiguring our workflow so that operations run more efficiently rather
than becoming more complex," Stafford continued.
"We are excited
to be making a breakthrough in the medical community with our first
implementation of PREMIA™ for medical malpractice insurance lines, " said
Vivek Sethia, Vice President - Insurance, 3i Infotech. "By streamlining the
medical claims and administration process at CHRRG, we have enabled it to
improve customer service while at the same time decreasing valuable
physician time spent on claims administration. We're certain PREMIA™ will
quickly set the standard for delivering immense value to the medical
insurance industry."
www.3i-infotech.com/premia
3i Infotech ( www.3i-infotech.com )
provides information technology solutions through its range of solutions for
insurance , banking & finance , e-governance, manufacturing, retail
& distribution. It is one of India's top 5 software product companies
and the fastest growing Indian software product company in FY 2004-2005,
with respect to both domestic as well as overseas software product sales*.
The company is SEI CMM Level 5-compliant for its Software Services and ISO
9001:2000-certified for its Infrastructure Services and Business Process
Outsourcing Operations.
Using its domain knowledge and through
continuous investment in technologies, 3i Infotech helps corporations in
their businesses through its expertise in enterprise-class software
solutions, software services, information security consulting, system
integration services, IT infrastructure and disaster recovery solutions. 3i
Infotech serves customers in 45 countries and has a presence across 4
continents.
M.B.
Battliwala
General Manager
3i Infotech
Tower # 5, 3rd to
6th floors, International Infotech Park,
Vashi, Navi Mumbai, 400703.
INDIA.
Tel: + 91.22.55928000
Fax: +91.22.55912030
Email:
corporate@3i-infotech.com
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