Ark Syndicate Management selects Trax for claims workflow management
30 July 2019
Ark Syndicate Management has selected Trax from Charles Taylor InsureTech to streamline its claims workflow in Lloyd’s and the London market. Trax will enable Ark to increase efficiency and achieve faster claims settlements.
Trax fully automates claims notification and monitoring of Electronic Claims Files (ECF). It eliminates manual processes and data re-entry, increasing efficiency and avoiding errors.
The solution will also ensure that Ark’s claims workflow management exceeds market standards and meets all regulatory compliance requirements.
Trax has been widely adopted across the Lloyd’s and company markets for claims management and is recognised as one of the market’s leading claims solutions.
Trax is continuously developed to ensure that it meets the market’s changing needs. Developments and enhanced capabilities are recommended by a user-group drawn from across the market. It is offered as a Software as a Service (SaaS) solution which ensures that users always have the latest release of the software.
Read the full press release here