Wednesday 26 June 2019

Invita in tie-up to automate third-party claims

MANAMA, April 23, 2018

Bahrain based Invita Claims Management Company (ICMC) has signed a contract with global insurance IT solutions provider Beyontec to implement a core system that can automate the processes and transactions to administer faster third-party claims services in the country.

Invita Claims is a CBB licensed Third Party Administrator (TPA) that will offer motor claims administration services to insurers in Bahrain. Using Beyontec’s Beyontec Suite, a fully developed, totally integrated and highly configurable, real-time claims administration system, Invita Claims aims to automate and streamline the TPA claims management process, reducing the turnaround time while improving service to customers.

Insurance companies working with Invita Claims can now benefit from accelerated cash flow, and reduced costs associated with managing TPA claims.

Vivek Sethia, co-founder and director, Beyontec, said: “We are pleased to be part of Invita Claims’ initiative to automate TPA motor claims service in Bahrain.  With extensive experience in the insurance market supported by our powerful business rule based, workflow driven claims solution, Invita Claims can now streamline its product offerings and drive business efficiencies to new levels.”

Rahul Bhalla, chairman, Invita Claims said: "Having looked at various options to establish greater agility, collaboration and bring in superior efficiency in the way we managed the TPA claims, we zeroed in on Beyontec, as they provide us most of what we envisaged in insurance software. Their proactive approach and experience in insurance business made them an ideal partner for us.” – TradeArabia News Service

Tags: Bahrain |

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