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April 9, 2021

Zensar, Claimatic partner to offer digital solutions to insurers

By Verdict Staff

Technology services company Zensar has inked a strategic partnership with US-based insurance SaaS service provider Claimatic to enable insurers to automate their claims process.

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The tie-up brings together Claimatic’s intelligent decisioning software and Zensar’s strategic consulting, enterprise delivery, and implementation services.

Under the partnership, both parties will leverage their respective strengths to create value for both companies and their mutual clients.

Zensar CEO and managing director Ajay Bhutoria said: “This collaboration will enable us to offer insurers digital solutions that will help them remain competitive and differentiate themselves. We look forward to mutual success and growth from this partnership.”

Claimatic CEO Larry Cochran remarked that the partnership is a robust combination.

Claimatic software solution is designed to streamline the ingestion of First Notice of Loss (FNOL) data and automate claims distribution to optimal resources based on real-time, dynamic data.

It will collect all the information from Zensar’s FNOL and match them to the best available resource in seconds, enabling insurers to eliminate initial adjuster assignment delays and a high volume of claim re-assignments.

“Claimatic’s experience in understanding the complexity of the claims process, deep engineering expertise, and agile, collaborative approach is uniquely complimentary to how the Zensar team works,” Cochran said.

Zensar global head and executive vice president Nachiketa Mitra added: “Partnering with Claimatic to deliver true claims automation allows our clients to automate the very beginning of their claims process, and then continue to build out enhanced functionality downstream.

“Working in collaboration, we will unlock the full potential of a best-in-class claims automated management system, to place our clients on the best path for success by improving customer experience while materially lowering loss adjustment expenses (LAE).”

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Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:
  • Traditional vs zero trust protection
  • Key advantages and solution providers
  • Major industries and key players
  • Drivers and challenges
  • Top funded startups and Mergers & Acquisitions
  • Implementation challenges
by GlobalData
Enter your details here to receive your free Whitepaper.

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