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Virtual Claim Adjuster New Partnership with XACTWARE

Virtual Claims Adjuster Announces New Partnership With Xactware

By Press Room No Comments

TORONTO, Wednesday, September 11th, 2019 — Virtual Claims Adjuster (VCA) is proud to announce its newest partnership with Xactware. The new partnership will allow clients of Virtual Claims Adjuster to integrate Xactware’s tools directly with the Virtual Claims Adjuster software. 

The integration with the Xactware product line allows for automated claim intake and bi-directional claim synchronization, allowing users to benefit from a truly integrated solution. Starting this month, Virtual Claims Adjuster software users will be able to directly integrate their existing VCA platform with Xactware’s suite of products.

Xactware Solutions provides computer software solutions for professionals involved in estimating all phases of building and repair. Xactware helps contractors and insurance adjusters estimate repairs much faster and more accurately than ever before. Since its founding in 1986, Xactware has evolved into a high-powered package complete with a patented plan-sketching program. Today, almost all of the top property insurance companies in the U.S and Canada use Xactware’s property insurance claims tools.

Virtual Claims Adjuster provides a fully-featured claims management system embedded within a cloud-based business management suite. VCA is hosted within a compliant security-driven architecture and offers enterprise-level claims capabilities from automated claim intake, acknowledgment, and auto claim assignment, to customizable workflows and final invoice. In addition, VCA’s performance metrics and API features allow managers better visibility into operational efficiency, service quality, and growth opportunities.

VCA’s claims software will allow for a wider scope of business with documented improvements in work quality and capability. Grow your business with Virtual Claims Adjuster and Xactware by leveraging the suite of tools available to you and creating the conditions needed to achieve new levels of success.

This partnership serves to further solidify Virtual Claims Adjuster as the premiere cloud-based business management suite and we’re proud to offer better, more adaptable solutions for all of your business needs.

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Top Insurance Industry Trends in 2019

By Insurance Trends No Comments

With the right tools to empower your claims handlers and yourself, your company can grow by leaps and bounds. Let’s look at some of the top insurance industry trends in 2019… and find out how web-based claims management software can help you stay ahead of those trends.

Top Insurance Industry Trends in 2019

Speedy Claims Handling

The pace of business seems to get faster every year and 2017 was no exception. Expect that trend to continue into this new year and prepare to meet the challenges of speed head on with online claims management software from Virtual Claims Adjuster.

With Virtual Claims Adjuster, your company can finally eliminate inefficient processes that lead to unbillable time, so you can increase your revenues and achieve your business goals.

Office Scalability

2017 was an unprecedented year for natural disasters. For your company to keep up with the ever-increasing load of claim assignments, you probably had to increase your staff. 2019 will likely be yet another tumultuous year with unpredictable weather, so your best bet is to be prepared to add staff members quickly and easily. With Virtual Claims Adjuster, the leading online claims management software, you can scale quickly to meet these demands while taking advantage of our entire suite of services.

Virtual Claims Adjuster makes it simple to react to absences, process file transfers, and onboard new hires with a standardized, easy-to-follow procedure that helps your company grow by better defining internal processes to control costs and quality. Click here to learn additional features and benefits of Virtual Claims Adjuster.

Maximum Agility

The largest trend that defined success for businesses in 2017 was the ability to pivot, nearly instantaneously, in order to react to changing market conditions. The insurance industry is ever-evolving, and the ability to make fast, clear, well-informed decisions will be an asset for your company in the coming years.

With Virtual Claims Adjuster, you’ll have the capability to view trends and analytics so you can track the process of your business. Drill down to look at granular data such as employee performance, or get a big-picture overview of your average processes and procedures. This will help you eliminate bottlenecks and streamline the claims handling process with ease.

Rock-Solid Security

One insurance industry trend that can’t be forgotten from 2017 is the increased security issues required to combat cybercrime. Not only is it important to protect your own claims handling business’s files and data, it’s also critical that you secure your client’s files and records.

Reassure all your compliance-burdened clients of your commitment to data protection by providing a secure portal for assignments and claim file details. With 2048 bit SSL encryption, 99.9% uptime, seamless backups, and a complete disaster recovery plan, Virtual Claims Adjusters claims management software provides your business with the security assurance your clients need.

Be Prepared for Changes

Ensure that your claims handling business stays profitable in 2019 and beyond. The best way to do this is by streamlining the claims handling process, scaling up to meet demand, meeting your clients’ security needs, and staying ahead of the ever-changing industry requirements and trends with ease.

Take Virtual Claims Adjuster for a spin when you schedule your free, 30-minute, guided demo followed by free, hands-on demo access.

Once you see Virtual Claims Adjuster in action, you’ll understand why this web-based claims management software has been the global leader for nearly two decades.

Lloyds of London Reporting Requirements

Four Ways to Make Lloyds of London Reporting Requirements Seamless

By Claims Management No Comments

If your claims handling business works in the Lloyds Market, you know how different those Lloyds of London reporting requirements are. Managing all the aspects of a claims handling business is already stressful enough without the hassle of worrying about your staff improperly recording or omitting required claims handling information.

The importance of optimizing your processes as your business grows and moves into the Lloyds Market is crucial. Virtual Claims Adjuster gives you the ability to meet all of these requirements with ease with its proprietary Lloyds reporting module. Virtual Claims Adjuster is the only online claims management software system with this capability!

Here’s 4 ways to use Virtual Claims Adjuster software to make Lloyds of London reporting requirements seamless for your business.

1. Effortless Reporting

With Virtual Claims Adjuster’s Lloyd’s module, you can generate the required reporting quickly and easily – ensuring accuracy, and saving time and money.

2. Streamline the Handling Process

Ineffective processes create extra time that you can’t bill for, which results in lost revenue. Virtual Claims Adjuster streamlines all your claims handling activities in both the domestic market and the Lloyds Market, by minimizing redundant tasks and reducing your reliance on multiple software applications.

In turn, this helps reduce the possibility of manual errors and lowers your file handling costs, so you can increase your company’s profits automatically.

3. Standardize Your Business Processes

In order to have a truly successful business, you need to make sure processes are in place to keep things running smoothly. This can be difficult when the unexpected happens at your company and your claims need to be reassigned.

Virtual Claims Adjuster helps you standardize your processes to increase the fluidity of your workforce. Standardizing the way claims are handled makes things like file audits, file transfer, overflow coverage, assisting personnel, and training new staff members easier to achieve, even for complicated Lloyds Market claims.

4. Maximize Your Managerial View

Working in the Lloyds Market can seem overly detailed and confusing to your staff members who are not familiar with the requirements. Virtual Claims Adjuster provides you with the ability to instantly review your employee performance and easily resolve any issues before they escalate.

VCA also helps ensure accuracy with full business metrics that give you the ability to confirm that tasks are completed correctly and on time.

Whether your business works in the Lloyds Market, the domestic market, or both, cloud-based claims management software can help make it all seamless.

With the advanced mobile capabilities that provide data accessibility 24/7 and the versatile interface that accommodates both the domestic market and the Lloyds Market, Virtual Claims Adjuster has all the features you need to grow your business like you’ve always dreamed.

Access your free guided demo of Virtual Claims Adjuster and see how our online claims system can save you time and money while increasing security and marketability in your independent claims handling business.