InsurTech Leader, FastTrack, Achieves HITRUST Risk-based, 2-year Certification Demonstrating the Highest Level of Information Protection Assurance

HITRUST r2 Certification Banner

Bedminster, N.J., January 09, 2024 – FastTrack, a leading provider of Intelligent Claims Journey and Risk Management Solutions for the Life & Disability Marketplace, today announced that it has attained HITRUST’s Risk-based, 2-year (r2) Certification status. This status covers critical implementation systems and infrastructures, exceeding strict regulatory and industry-defined requirements for comprehensive security.

Barry Cotter, Chief Information Officer (CIO) of FastTrack states, “We take great pride in delivering a best-in-class standard of security to all our current and future customer-partners, ensuring that sensitive PHI data, PII data, and proprietary information is fully protected at all costs. Attaining HITRUST’s Risk-based, 2-year (r2) Certification is a key milestone for FastTrack in this ongoing endeavor.”

 

HITRUST r2 Certification Quote from FastTrack CIO

 

“HITRUST Certification is globally recognized as validation that information security and privacy controls are effective and compliant with various regulations. HITRUST Certification is considered the gold standard because of the comprehensiveness and applicability of the control requirements, depth of the assurance process, and level of oversight that ensures accuracy,” said Jeremy Huval, Chief Innovation Officer, HITRUST. “Individually, each element exceeds most other programs, and collectively they make HITRUST Certification the most comprehensive, transparent, consistent, and highest quality assessment available.”

About FastTrack

FastTrack – a division of Kamine Technology Group (KTG) – has been a market leader in providing intelligent, automated claims management solutions and services to the Life & Disability insurance vertical since 2012. Headquartered in Bedminster, N.J., FastTrack’s unique blend of smart technology, AI, and decades of insurance subject-matter expertise has secured key partnerships with many of North America’s leading group and individual insurance carriers.

FastTrack’s comprehensive suite of made-for-insurance Intelligent Automation Tools is revolutionizing claim management/process, freeing up mission-critical resources and vastly improving the claims journey experience for claimants, beneficiaries, employers, agents/brokers, examiners, and more. Key performance advantages include the elimination of up to 90% of manual administrative tasks, the implementation of auto-administrative and auto-adjudication pathways, the creation of data-rich digital claimant profiles that reduce risk and accelerate claim decisions by 30-40%, and direct savings on carriers reserves and interest expenses.


SOURCE FastTrack, A division of Kamine Technology Group (KTG)

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For further information, please contact:

Ellie O’Brien
908.470.2191
Ellie.Obrien@FastTrackRTW.com
FastTrackRTW.com
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About FastTrack

FastTrack – a Kamine Technology Group (KTG) division – is a full-service intelligent technology solutions provider in the Life & Disability insurance vertical. Leading the way for more than 10+ years, FastTrack boasts a growing client portfolio consisting of a large ratio of top-tier insurers in both the Group and Individual marketplace in the USA and Canada. Our made-for-insurance intelligent technology, enhanced by decades of on-the-job insurance industry expertise and AI, digitizes & automates up to 90% of the claims journey, from claim intake to adjudication, resulting in lightning-fast claim outcomes that typically improve Claim Handle Time by 30%-40%. FastTrack helps insurers free up valuable human resources to focus on mission-critical tasks, such as improving the customer experience and making informed claim decisions. Furthermore, FastTrack’s suite of technology solutions and services empowers insurers to triage claims, understand risk management options, reduce manual administration, save on interest expenses, create straight-through processing opportunities, leverage comprehensive data via online Claimant, Beneficiaries, Employers, Agents/Brokers portals, and create digital claimant profiles to achieve informed, consistent, repeatable, defensible, and objective claim decisions.

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