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Proactive Claims Metrics Monitoring

PureShare® ClaimsMetrics is a web-based claims management accelerator application that helps users monitor claims activity, better manage risk programs and provide early warning of financial exposures.

The application leverages PureShare ActiveMetrics  to extract insurance claim information from existing risk management information systems (RMIS) and provide a clear, graphical picture of claims metrics from multiple perspectives.

PureShare ClaimsMetrics is designed for rapid deployment and lets risk managers, insurance carriers and claims administrators:

  • Consolidate information from any data source to provide a single point of reference for a complete client view.
  • Customize views by user level, client, or line of business.
  • Monitor performance by any measure including number of claims, claims performance or performance over time.
  • Schedule alerts for claims activities and anomalies.
  • Access claims metrics anytime and from any location.

Providing pre-built templates for monitoring the most common and critical metrics such as claims activity, liability/risk, worker’s compensation, and more, PureShare ClaimsMetrics also lets risk and insurance managers customize a range of options including:

  • Measurement procedures: What will be measured and against what benchmarks?
  • Frequency: How often is the metric measured?
  • Thresholds: What ranges are considered “normal” for the metric in question?
  • Units of measurement: In what units will the metric be measured?

For more details, please contact us directly.