ELIOS Introduces Electronic Billing and Fund Transfer Capabilities for the Property and Casualty Insurance Industry
San Ramon, California (ContentDesk) July 5, 2005 --ELIOS, the leading loss payee notification company for auto and home mortgage insurance industries launches new electronic fund transfer (EFT) feature for home owner insurance companies. "This is a natural progression in our offering of paperless solutions technologies for our more than 250 property and casualty clients." states president and CEO of ELIOS, Jordi Huguet.
ELIOS automated the process of billing mortgagees in early 2003 to eliminate insurance companies need to print and mail escrow bills to financial institutions.
"Our clients asked us if we could go one step further by providing the ability to receive funds electronically."
ELIOS has been working with its electronic trading partners who have relationships with tens of thousands of financial institutions to eliminate the need for paper check remittance and to speed up payment processing time.Aside from eliminating paperwork going back and forth through normal payment processing, the insurance company will be notified immediately when the mortgagee indicates they are no longer the lender on the insurance policy.
Often the problem is that financial institutions are acquired, merge or blocks of loans are sold.
ELIOS' EFT solution will minimize or eliminate the frequency of insurance customers that should have never been cancelled for non payment, resulting in increased customer satisfaction and retention.
Not only will the insurance company be able to sweep funds instantly they will also receive a report for payments that were processed to facilitate reconciliation.
ELIOS will be offering its latest cost savings solution to its clients in July of 2005.About ELIOS:ELIOS, Incorporated was founded to address the needs of insurance and financial services companies in the 1990's. Headquartered in the San Francisco Bay Area, ELIOS provides software and services to electronically automate back office operations such as lien holder and mortgagee notifications. By increasing efficiency and eliminating manual operations that are error prone, costly and difficult to administer, ELIOS enables a wide range of insurance and financial services organizations to enjoy considerable cost savings in personnel, administration, IT resources, and overhead.
Contact:Roxanne Milton, Director of Marketing(925) 973-0881 ext 103 www.eliosinc.com.
Physician: Heal Thyself!
Don't look to the federal or state legislatures to control medical malpractice costs.
"We can do it ourselves," is the mantra of Pediatricians Insurance Risk Retention Group of America (PIRRGA). Now in its second year, the small, innovative insurance provider is having real success in Florida.
"Doctors can reduce their risk, practice better medicine, be aware of problem patients, and avoid lawsuits," says the company's president, Gene Rosov.
PIRRGA first issued Florida policies in February, 2004.
According to the industry's "Crittenden Medical Insurance News," Texas and Utah are next in line."Doctors and legislators are looking for solutions in all the wrong places," says Rosov, who runs the company with a team of insurance, medical and legal experts. PIRRGA provides substantial premium refunds to the doctors who participate in its risk management education and loss prevention programs.
The company is owned by its doctor/members.PIRRGA examined...
Insurance > Physician: Heal Thyself!
OmniMD Electronic Medical Record (EMR) Software Integrates Modules & Services
Tarrytown(NY)?Oct 11, 2006-- OmniMD, a developer of HIPAA compliant EMR(electronic medical record) solutions has launched its new release, with wealth of new features, modules and services making it one of the most comprehensive integrated EMR and practice management solutions in the marketplace.
"Our primary focus in the new EMR release has been to eliminate bottlenecks in the clinical workflow and information management." said Divan Da've, CEO of OmniMD.
The new EMR release is based on input from the present users of the system who consistently stress the need to create a common platform for the work processes of the medical office. "Our aim is to make OmniMD's complete suite of products a one-stop solution for the practice and the physician." said Mr. Da've
OmniMD Integrated Electronic Medical Record and Practice Management system is a broad solution for a medical practice combining in a common package all of the most important...
Insurance > OmniMD Electronic Medical Record (EMR) Software Integrates Modules & Services
Comparisons Drive Car Insurance Quotes at Insurance.com
Cleveland, OH
March 1, 2005 ? Insurance.com, the nation's largest online auto insurance agency, announced today that consumer car insurance quote requests on its website www.insurance.com increased over 40% in 2004. This marks the fourth straight year that the company's Internet-originated car insurance quote requests grew by 40% or more."We continue to benefit from growing consumer confidence in the Internet as a tool to not only research rates but also purchase car insurance," stated Insurance.com President, Lou Geremia. "Mere comparative rate information is no longer enough. Consumers want to move from research to rates to purchasing a policy in one sitting. As a result, our combination of real-time car insurance quotes and online buying is attractive to consumers interested in saving time and money."More than a dozen leading auto insurance companies offer competitive car insurance quotes through Insurance.com.
The...
Comparisons Drive Car Insurance Quotes at Insurance.com
Insurance > Comparisons Drive Car Insurance Quotes at Insurance.com
A Personalized Diet For The Best Results
For the best diet results, you need a personalized diet that you can stick to.People diet for lots of reasons, and with lots of aims in mind. No matter what your aims are, the most effective diet to achieve them is a personalized one. A personalized diet which suits you is what you need, whether you want to improve your health, or just lose weight.A personalized diet plan can be obtained from a multitude of sources. Provided you have no major health problems and your trying to lose weight (as...
ELIOS Introduces Electronic Billing and Fund Transfer Capabilities for the Property and Casualty Insurance Industry Insurance
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