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ESIS Broadens Its Claims Services Using Data Analytics

By: Business News

ESIS, Inc., (“ESIS®”) a risk management services company of ACE USA, today announced that it is enhancing its claim services to more fully meet the growing needs of its clients. The new ESIS ImpactSM program places a major emphasis on data analytics – accessing data and transforming it into decision-making information -- as a basis for efficient and effective claim management to drive down clients’ total cost of loss.

The announcement comes as ESIS prepares to participate in the upcoming 15th Annual National Workers’ Compensation and Disability Conference® & Expo in Las Vegas, Nev., which showcases innovative and unique aspects of workers’ compensation and/or disability management initiatives that provide cost-saving ideas that can be implemented immediately.

According to David Patterson, President, ESIS, “Today’s risk managers need claim and risk control solutions that address the issues and challenges they face every day. Our customer-centric and balanced approach with ESIS Impact blends people, process and technology: a precise intake environment; focused claim teams; an exclusive provider network; proprietary pharmacy benefit management; and contemporary return to work tools. But, the distinctive difference is the way we use data analytics to measure outcomes and pinpoint cost drivers. It’s a diagnostic methodology designed to demonstrate results.”

The ESIS Impact program is further complemented by its expanded suite of global claim and risk control services and solutions:

Advanced Technologies:

ESIS has made significant investments in technology, including full imaging capabilities and enhancements to its Global RiskAdvantage® (GRA) product, a cutting-edge online risk management system customized for both domestic and international programs. GRA enables customers to access their loss and claim information in a flexible format, with enhancements to a new streamlined look, graphical capabilities, and access to a full spectrum of user-designed and user-friendly reports. Additionally, GRA customers can now view customized non-claim information, have instant online access to document imaging, and use the full scope of available reporting capabilities to view global claims.

ESIS e-risk MANAGERSM helps customers to reduce risk and prevent losses on an enterprise-wide basis via a fully-integrated, web-based enterprise risk management system that enables businesses to improve their risk identification and oversight of compliance. Through a propriety network of selected partners, this system fills a critical role by providing risk managers and their staff the ability to set and monitor global risk control standards. Additionally, its accessibility and flexibility makes it a perfect fit for large multi-location companies, including U.S.-based companies with global exposures.

Global Claims and Global Risk Control Services:

ESIS can now manage claims and losses in more than 120 countries. Using our proprietary network and leading edge systems and software, the quality and consistency you have come to trust has been expanded to allow you to manage your global operations as easily as you manage your U.S. operations.

Organized in 1953, ESIS, Inc. (ESIS) provides sophisticated risk management services designed to help reduce our clients’ total cost of loss. ESIS takes a holistic approach that blends people, process and technology to offer programs that are customized to meet each client’s needs. ESIS is part of ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, headed by ACE Limited (NYSE:ACE). ACE USA is rated A+ (Superior) by A.M. Best Company and A+ (Strong) by Standard & Poor’s. ACE USA, through its underwriting companies, provides insurance products and services throughout the U.S. Additional information about ACE USA and its products and services can be found at www.ace-ina.com. Additional information about ESIS, Inc. and its products and services can be found at www.esis.com. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.

Article Source: http://www.content.onlypunjab.com

For more information on the ESIS suite of products and services, please visit www.esis.com.

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