Monday, 23 April 2018

ICMC Partners with Beyontec

Dubai, United Arab Emirates, 23 April 2018, (AETOSWire): Bahrain based Invita Claims Management Company (Invita Claims) has signed a contract with global insurance IT solutions provider Beyontec to implement the Beyontec Suite, a core system that can automate the processes and transactions necessary 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 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.

Mr. 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.”

Mr. Rahul Bhalla, Chairman, Invita Claims Management Company (Invita Claims) stated "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 an insurance software. Their proactive approach and experience in Insurance business made them an ideal partner for us.”