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ReSource Intermediaries Inc, the San Francisco-based reinsurance advisory and brokerage firm, use Yellowblox.com to report claims for some of their reinsurer's clients and have found it has materially improved claims reporting and management.
Resource Intermediaries vice-president Alex Fox, said:
"If I ever have a claims issue develop, I am able to log onto Yellowblox and get my question answered fairly quickly via the reports and sorting tools provided by Yellowblox."
"The daily update reminders keep me aware of any claims developments relating to my clients. Thirdly, the system keeps track of any dialogue between all interested parties, which simplifies the paper trail."
"Lastly, it saves time when we need to update information on a claim or report a new claim, we simply add the new data onto Yellowblox and we are done! It's a lot easier than handling hard copy claims submissions or even managing electronic updates via individual e-mails.
"We update the files on Yellowblox, and our claims submission is out to market for review. A system like Yellowblox should become the industry standard."
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"Market Innovator
Resource Intermediaries