Top News :  

Kiln Selects FINEOS for Claims Operations

Monday, February 06, 2012 6:37 AM

FINEOS Corporation, a market leading provider of claims management software, today announced that Kiln, the international insurance and reinsurance underwriting group, has selected FINEOS Express for its claims operations. Kiln, one of the largest agencies trading within the Lloyd's insurance market, is an acknowledged leader in a number of business areas including property & special lines, marine & special risks, reinsurance, accident & health, aviation, life and enterprise risk. FINEOS Express, the version of FINEOS Claims specifically developed for the London Market, will be rolled out across all lines of business and become the common platform for Kiln operations in the UK and overseas in Belgium, France, Germany, Brazil, South Africa, Hong Kong and Singapore.

The decision to move to a modern, web-based claims system was driven by Kiln's continued focus on delivering a first class claim handling and settlement service to its clients within the Lloyd's Market. Following a thorough evaluation of the leading claims solutions in the market, Kiln opted for FINEOS which offers a fully-configured, out-of-the-box claims solution designed for organisations where the primary operation is as a Lloyd's Syndicate.

Michael Kelly, CEO, FINEOS Corporation, welcomed Kiln as a new customer. "We are delighted to be working with such a high calibre customer as Kiln. We are totally committed to providing the best claims product in the London Market and will be investing significantly in both product and resources to support this in the coming years".

About FINEOS Corporation

FINEOS is a market leading provider of core software solutions for Insurance and Government Insurance. Our flagship product, FINEOS Claims, is the insurance industry's best-in-class solution for all Property & Casualty, Life, Disability and Government Insurance. Established in 1993, the company delivers innovative solutions to a global market and has customers, employees and established bases in North America, Europe, Africa and the Asia Pacific markets. For more information, visit www.FINEOS.com

(Source: Business Wire )
(Source: Quotemedia)

Follow iStockAnalyst on Twitter Follow iStockAnalyst on Twitter
Subscribe to Email Alerts

Comments Closed





Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.