Virtual Claim File

The Virtual Claim File, Vendor Management and Estimatics

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The Bluebook International, Inc. has developed a revolutionary, entirely unique approach to significantly improving the efficiency and decreasing the cost of settling claims for the Property Insurance Industry.

What is B.E.S.T.Net™ - B.E.S.T.Net™ is a claims solution that incorporates the functionality necessary to manage and maintain claims, personnel and vendors from the first call to the payment of claim.

Features
Overview
Product Specifications

B.E.S.T.NET Claims Solution

Utilizing The Bluebook's proprietary database and B.E.S.T.™ as its foundation, The Bluebook International, Inc. has created a new software package that will integrate and exchange data with its existing, in-field technology into a claims solution called "B.E.S.T.Net™".

The Claims Process

The issues that are plaguing the internal operation of the insurance company are affecting the adjuster's ability to accurately complete and deliver claims in the mandated and expected time frames.

B.E.S.T.Net Solution

B.E.S.T.Net is a solution that provides a standardized format for creating and finalizing estimates in the office or in the field. Once the estimate has been created, it can be directly linked and integrated into B.E.S.T.Net™ with almost any type of connection to the Internet. When a user of the B.E.S.T. software (laptop, desktop or network based) connects to B.E.S.T.Net™ and syncronized each component of the claim.

Mitigage overpayments with the new automated auditing system.
Centralized software bypasses incompatibility and manual intervention.
Uses Microsoft .NET and SQL 2000 or 2005 with BizTalk Server.
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B.E.S.T.Net™ manages the communication and facilitation of the claims process in a straight line and can provide direct communication with each party to the claim regardless of type with an authorized login.

B.E.S.T.NET Claims Solution

Cost of the Claim - Profitability

Every day a claim is open increases both the administration costs of settling a claim (Loss Adjustment Expense - LAE) and the size of the claim (Severity). A reduction in cycle time can bring significant financial benefits and customer satisfaction to an insurance carrier or MGA. Industry data suggests that claims settlement amounts balloon after days and much of the delays in the process are due to a lack of timely communication.

With The Bluebook® solution in place, companies can proactively manage the settlement process and make financial improvements in the process at an unprecedented rate.

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