Life & Annuity Claims - FastTrack Risk Management Automation Tools

Using Digitization, Automation, and Online Portals to Improve Customer Experience and Turn-Around Times

Life & Annuity Claims (L&A)

Eliminate the Administrative Burden on your Claims Professionals with FastTrack’s Automation Tools.

Experience the Power of Digitized Data, Robotics-powered Process Automation, Customizable Workflow Solutions, and Industry Leading Reporting and Analytics.

FastTrack’s Life & Annuity Claims Tools are designed to position the claims professional to produce faster, more accurate, more objective, more consistent, and repeatable benefit determinations. The solution includes best practice data collection services, automated follow-up task management, and customizable workflow tools - all designed to provide the claims professional with ‘decision-ready’ claims. No more wasted time spent chasing beneficiaries for required information, forms and documentation. Claims professionals can now spend their valuable time on risk management decisions and delivering industry-leading customer service.To learn more about our unique technology, click here:Robotics RPA's | Digital Process Automation | Automated Occupational Matching
Claim Automation | FastTrack

The Advantages

For The Carrier:

  • Faster, more accurate, objective, consistent, repeatable, and defensible benefit determinations – leading to measurable business improvements
  • Reduced cycle time from notice of claim to benefit determination

 

For The Claims Professional:

  • The FastTrack Technology manages all data collection requirements – producing a ‘Decision-Ready’ claim 
  • Up to 75% Reduction in time spent on Administrative Tasks
  • Significantly increased time (up to 4X) to interact with claimants and deliver Industry-Leading service

Additional Automated Solutions & Services for the Life and Disability Insurance Vertical

Ready To Learn More?

Contact us to schedule an information session and demo to learn how FastTrack’s Suite of Automation Tools can dramatically improve your Life & Disability Claims Best Practices.

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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