WaterStreet Claims Administration for P&C Insurance Carriers

  • Claims Management for All Lines of Business

    From FNOL to claims settlement, WaterStreet Claims System streamlines the claims management process for all product lines in one system

  • Claims Processing in One System

    View policy details, set reservices, issue payments, and upload supporting documentation and files as needed to track claim progress

  • Loss Reserve Management

    Initiate, approve, and make loss expense payments with full visibility into cost management with loss reserve and accounting functions

  • Task Assignment Management

    Task assignment based on user role, skill set, business line as well as notification of new tasks through diary entries and notes

WaterStreet’s Unparalleled Business Value

  • Lower Costs

    Reduce claims management costs by shortening the lifecycle and improved fraud management

  • Boost Operational Efficiency

    Easily consolidate your claims management process for all your business lines into a single system with automated task management

  • Improve Customer Satisfaction

    WaterStreet delivers automated straight through processing allowing you to focus on customer relations throughout the claims process

  • Reduce Errors

    Automate routine tasks and track deliverables with easy task assignments and diary entries for better visibility throughout the claims lifecycle

What is Claims Administration Software?

Claims Administration Software systems allow carriers to manage the full end-to-end claims process within one solution. Log the First Notice of Loss, collect associated documents, identify urgent claims, detect fraud and improve efficiency while managing high volumes of claims, all without sacrificing quality of service.

Why Carriers Need Claims Administration Software

Carriers are taking steps towards holistic environments for collecting data and using it to allow pique efficiencies and greater customer satisfaction. As more carriers undergo digital transformations and adapt to cloud hosting, Claims Administration features are flexible to accommodate your goals.

Enable claims triage for setting priority according to better data sets in a centralized environment and empower administrators to leverage the full potential of their claims data. Seamlessly connect your Claims Administration to Billing and Policy Administration, as well as powerful integrations for analytical solutions.

Advance your business with the next generation of P&C insurance technology through WaterStreet Company.