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Volume 32, Issue 3

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Wednesday, 21 November 2007 00:43

Avantages in Utilizing E-Commerce for Claim Services: Timely Claims for Mold Contamination

Written by  Barry Fultz

The restoration industry is constantly changing. With insurance providers adopting new e-commerce initiatives, restoration vendors also must adapt and implement e-commerce initiatives in their businesses. Efficient Claim Processing Benefits Vendors and Customers E-commerce and electronic claims handling are here today and will certainly be the future of the business. In the last several years, tremendous changes in the information industry have affected everyone in the property and casualty fields. Focused on claim-related business communication, insurance carriers and service providers have changed the way they acquire, store and transmit data for claim services. Electronic mail, Internet-based networks and searchable databases have brought the vision of a paperless claim to reality. Utilizing electronic communication, insurance providers and restoration vendors remain competitive in their respective markets while meeting the needs of their clients. Performance by each party involved in the claims service effort is important to the insured. Length of response times and actions performed can