[March 25, 2015]

IAS Claim Services Patent-Pending Software, Claimatic™, Licensed by Two National P&C Companies

IAS Claim Services, a leading national independent insurance claims service provider, is pleased to announce that its patent-pending, automated claim routing and dispatch software as a service (SAAS), Claimatic™, has been licensed by two national, top 50 U.S. property and casualty (P&C) companies. Additionally, Claimatic will debut for the first time at the PLRB 2015 Claims Conference at booth #762.

Both of these high-profile carriers chose Claimatic to help unclog significant bottlenecks and vastly improve the quality of matching claims with the optimal internal and external human and vendor resources without replacing or interfering with any existing client systems.

"IAS Claim Services is proud to have our newest innovation, Claimatic, licensed by two of our nation's top P&C companies," said IAS Claim Services CEO, Larry Cochran. "That two companies with Direct Written Premium (DWP) in excess of $5 billion are enthused about the way Claimatic will transform the movement of claims and efficiency of claim resources throughout their organizations is very exciting and confirms we have developed something very powerful."

Claimatic is a new kind of matchmaker creating automated, real-time relationships between claims' first notice of loss (FNOL) and internal and external claims resources, such as managers, examiners, field adjusters and direct repair program (DRP) vendors. The software makes precise assignment by filtering data and important claim information to locate and assign to theoptimal resource relevant to qualifications needed for the claim. It also takes in to consideration the capacity of the resource and its location and availability. It then instantly assigns claims utilizing Claimatic's algorithm engine.

Claimatic vastly reduces drive time between claims and eliminates the time involved in a manual assignment process. Following are a few statistics on Claimatic:

• In most cases, Claimatic assigns claims in less than one second.
• Reduces overall claim time in process (TIP) by 20%.
• Can reduce adjuster drive distance to and from claims up to 85%.
• Eliminates the delay and cost of assigning claims manually by up to 95%.
• Reduces manual entries to speed process of moving claims while improving consistency.

Claimatic is now available for licensing. To learn more about Claimatic, visit www.claimatic.com, stop by the IAS Claim Services/Claimatic Booth #762 at PLRB 2015 Claims Conference or contact Michael Taylor, IAS Claim Services Director of Business Development ([email protected]) for information.

Founded in 1984, IAS Claim Services has offices across the country and provides services through two major brands-CatCREW for catastrophe adjusting services and IAS Claim Services for daily TPA and loss adjusting services for personal lines, as well as large-loss specialty claims.

About IAS Claim Services:

Headquartered in San Antonio, TX, IAS Claim Services is one of the nation's largest independent insurance adjusting and third-party administration firms focused on property and casualty claims. The company operates across the US, Virgin Islands and Puerto Rico. They are also a full service Lloyds syndicate TPA. IAS Claim Services has been leading the industry in technology and innovation with IAS ClaimCare and now Claimatic - the industry's most comprehensive technology-driven suite of services that facilitate claims, expedite payments, and ensure policyholders receive the best, most professional care available. For more information, visit http://www.iasclaims.com. Visit us on Facebook (News - Alert) at www.Facebook.com/IASClaimServices, and on Twitter (News - Alert) at www.Twitter.com/IASClaims.

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