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What is Total Loss Pro?

The auto insurance industry has seen a troubling 20 percent increase in total loss claims, particularly concerning collision and liability losses. Many insurers continue to face challenges with fragmented total loss operations, leading to elevated costs, dissatisfied customers, and a lack of effective oversight. Enter Total Loss Proâ„¢ from Vemark: this cutting-edge solution aims to transform the often burdensome total loss claims process into a more efficient and adaptable system that can keep pace with rapid changes in the industry. By utilizing this platform, insurers can expedite settlements, subsequently improving policyholder satisfaction. Moreover, it enhances employee morale by alleviating the frustrations that arise from outdated processes. The platform also promotes greater visibility and transparency, enabling informed, data-driven decision-making. Given the intricate nature of total loss auto claims in contrast to standard repair claims, Total Loss Pro acts as a cloud-based tool that streamlines every phase of the complex salvage vehicle process, ultimately benefiting both insurers and their clients. Additionally, by adopting this all-encompassing solution, insurance carriers can embrace a more proactive claims management approach, ensuring a seamless experience for everyone involved while also positioning themselves for future challenges.

What is CLAIMExpert?

Acrometis' premier claims processing solution excels in workflow management by leveraging a versatile rules engine that automates the routing of documents. This innovative system integrates various components, including claim assessment scoring, matching body parts to claim compensability, compliance with jurisdictional regulations, and relatedness scoring, all designed to reduce both the time and expenses tied to claims. Impressively, CLAIMExpert is capable of independently processing 65 percent of incoming medical bills and non-medical documents without any user involvement. Documents necessitating adjuster review are promptly identified and organized, which streamlines decision-making and keeps the process efficient. With initial processing free from adjuster participation, clients typically see enhancements in medical loss ratios, ranging from 11 to 23 points within the first year. Additionally, CLAIMExpert features rules that cover over 190 different document types, allowing it to effectively handle whitemail and any other paperwork that might reach an adjuster's desk. This holistic strategy not only boosts operational efficiency but also profoundly influences the entire claims management experience, ultimately leading to improved client satisfaction.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Vemark

Company Location

United States

Company Website

vemark.com/totallosspro/

Company Facts

Organization Name

Acrometis

Date Founded

2002

Company Location

United States

Company Website

www.acrometis.com/our-solutions/claimexpert-and-associated-services/

Categories and Features

Claims Processing

Adjustor Management
Case Management
Claim Resolution Tracking
Co-Pay & Deductible Tracking
Compliance Management
Customer Management
Electronic Claims
Forms Management
Paper-Based Claims
Payor Management
Policy Administration

Categories and Features

Claims Processing

Adjustor Management
Case Management
Claim Resolution Tracking
Co-Pay & Deductible Tracking
Compliance Management
Customer Management
Electronic Claims
Forms Management
Paper-Based Claims
Payor Management
Policy Administration

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