Polaris launches new insurance claims processing solution

Chennai, May 21 (IANS) Banking, financial services and insurance (BFSI) sector software company Polaris Financial Technology Monday launched its insurance claims processing software Intellect Claims.

In a statement issued here, the company said the new product is a comprehensive cloud enabled claim processing system that caters to several lines of insurance business including life and disability health.

According to Polaris, the new solution will take all of the elements that make claim processing so complex and bring them all together in a simple and accurate environment and insurers can easily roll out new policies after setting up the claims portion with the new solution.