Benekiva’s Post

One of the biggest pain points when I was a claims processor was the amount of manual workflow management we had day-to-day. Between routing work through statuses, having to set manual pend dates, and running reports to find the claims that slipped through the cracks; the handholding required with legacy claims processing put the focus on admin tasks. With Benekiva we can automate those tasks, letting your analysts focus on the most important part of the claim…delivering the promise of the policy to your beneficiaries! #lifeinsurance #annuity #claims Brent Williams Tony Diodato James Preston Joe Malone Christina Sciarrotta Mike Shea Pat Byrne Krista Eger, CSPO, ALMI, ACS Kim Kasten Maura Gilson O’Donnell, AIF®, PMP®, PCM®

Know more at: https://hubs.ly/Q02RPgkY0 Get your report now: https://hubs.ly/Q02RPbQ20 Revolutionize your claims process with intelligent automation! Our thorough assessment platform ensures precise decision-making for faster, smarter claims resolutions. Brent Williams, Tony Diodato, Maura Gilson O’Donnell, AIF®, PMP®, PCM®, Ankita Kanade, Elaine Coultas, Shelby Sawyer, James Preston, Joe Malone, Mike Shea, Pat Byrne, Jes Vargas, Ryan Dooley, Krista Eger, CSPO, ALMI, ACS #claims #insurtech #fintech #claimstech #digitalunderwriting #policyissuing #claimmanagement #claimsautomation #optimizeclaims #claimsoptimization

Learn more at ➡️:- https://hubs.ly/Q02RPnWB0 Get your report now: https://hubs.ly/Q02RPggR0 Do you know why Insurance companies must move towards a Modern Claims System? - Benekiva Brent Williams, Tony Diodato, Maura Gilson O’Donnell, AIF®, PMP®, PCM®, Ankita Kanade, Elaine Coultas, Shelby Sawyer, James Preston, Joe Malone, Mike Shea, Pat Byrne, Jes Vargas, Ryan Dooley, Krista Eger, CSPO, ALMI, ACS #claims #insurtech #fintech #claimstech #digitalunderwriting #policyissuing #claimmanagement #ModernClaimsSystem

Manual processes result in limited access to data. A cloud-based system can transform portfolio management by amplifying efficiency and profitability. Learn more here: https://lnkd.in/enqWE6Ni #portfoliomanagement #cloudportfoliomanagement #fintech #governmentlending #atlasportfolios

This is an interesting Benekiva statistic that we derived after implementation and hrere is the case study of how we were able to solve real problems for one of our carriers. 📞When a policyholder needed to interact with this carrier, they called (that was their ONLY option) to receive service. 📠After receiving the call, the servicing staff of the carrier could mail, fax or email the forms but only receive them from the policyholder using mail and fax. ❌NIGO (Not in good order) on average is about 30%. So the cycle continues. ⏰Carrier servicing department were opened 8am to 5pm. 💡My team at Benekiva started leveraging our intake 360 solution to start creating a digital experience for the carrier’s servicing flows. 👏The policyholder can go online for a self service experience or when they called, the servicing staff can provide an option for a digital solution. They met the policyholder where they were at and included digital and pushed to reduce the handling times. ⏳This offering took my team a total of 8-weeks to complete from kick-off, assessment, requirements gathering, configuring, testing, and production release. 💥We saw NIGO (Not in good order) reduction from 30% to nearly zero for digital flows. 💥We saw the below statistic as the carrier’s customers were completing this after busines hours. And more statistics which you will find when you talk to one of our account executives. An example of beyond the claim use case that we are able to solve. Happy Sunday! If you are heading to Eastern Claims Conference today and this week, make sure to find Tony Diodato! #claimstransformation #solvingrealproblems #claimsinnovation #noexcuses

Applying for a business line of credit online can be straightforward with the right steps. Our step-by-step guide walks you through each part of the process, from gathering necessary documents to finalizing your application. Read blog here: https://ow.ly/83NJ50U9fnm #BusinessLineOfCredit #SmallBusiness #BusinessFunding #Guide #Fintech

Did you know that 1 in 4 e-money and payment firms have deficiency in their current model of safeguarding? Regulators demand ironclad processes when it comes to Safeguarding and there is more scrutiny on the horizon in 2024... The good news is that at Howden, we’ve developed a game-changing solution; PSD Bond Safeguarding Insurance aimed at assisting EMI and API firms in meeting their safeguarding obligations and taking a more pro-active approach to them. Please email me if you'd like to find out more: [email protected] #Howden #Fintech #PSDBond #SafegaurdingInsurance #EMIs #AMIs

Have you visited our MCA Disclosure Map lately to see what’s new? You don’t have to keep up with the latest—we do it for you: https://hubs.ly/Q02WhrBf0 #fintech #financialservices #businessfunder #alternativefunding #loanmanagementsoftware

Listen in as Jordan Haines, CFP® and Erik Baskin, CFP®, CEPA® explore how advisors can incorporate a service of tracking and monitoring spending into their client offerings. https://hubs.la/Q02ykfZB0 #fintech #financialplanning #financialadvisor #wealthtech

Parner @Erik Howell recently participated in Rivero's webinar exploring the topic of “Dispute Management Solutions: Should Issuers Build or Buy?” alongside Thor Arve Vartdal and Kevin Saaremäe. Watch the recording here: https://lnkd.in/eCxjQSM8 #webinar #disputemanagement #payments #fintech #financialservices