At Complitech 2005, the major exhibition and conference
on compliance matters at the ExCel Centre in Canary Wharf,
Phoenix announced the rolling out into live production of
the second generation Claims Management system in Ecclesiastical
Insurance, the Gloucester based insurance group.
With the enigmatic name of CHIPS2, standing for Claims
Handling Image Processing System phase 2, this system is
designed to improve productivity and boost efficiency in
an environment of increased regulation from the Financial
Services Authority and other regulators.
Ecclesiastical have long been proponents of the use of
technology to improve operational efficiency in processing
claims. The original CHIPS system dates from the mid 90s
and enabled the company to handle the significant increase
in business year on year as they successfully diversified
into new markets.
Commenting on the new solution from Phoenix, Steve Deas,
Systems and Compliance Manger, commented: “A major
added bonus of the new system, quite apart from boosting
the productivity of our claims handlers, is our ability
to measure and monitor workflow through a busy Claims Department,
ensuring we meet our own and FSA response time requirements.
When the time from settlement to payment was defined recently,
it didn’t have the dramatic repercussions on us that
it once would. We simply modified our payment process and
set the service level to meet the new target.”
Brenda Reilly, Sales and Marketing Director at Phoenix
said: “We are delighted to have worked with Steve
and his team. There were many innovative features in the
project such as a new Claims Notification Component using
business rules, automatic linking to outside data sources
on weather and claims history, and enhanced functionality
for mobile agents. The new system is up and running successfully
and future projects are already being planned”.
Founded in 1887 as an insurer of churches, Ecclesiastical
Insurance Group has grown to become one of the largest British
owned financial services companies. Based in Gloucester,
with offices in several locations throughout Britain and
overseas, Ecclesiastical offers a broad range of personal
and commercial financial services.
Phoenix Technology Group (Phoenix) is a leading provider
of business solutions to the financial sector in the UK
and Ireland. Set up in 1997 to address a need for specialist
industry solutions, Phoenix has delivered many successful
projects for a number of high profile customers in the Insurance
and Banking Sectors.