FastTrackClaim® Ready For Prime Time

February 27, 2005 (Press Release) -- The FastTrackClaim® electronic property claim adjusting process is a new web site, patent pending business process and procedure that provides property insurance carriers and other risk management and property claim processing companies with a patented service that may very well automate and revolutionize the property claim reporting and claim adjusting process. There are three prototypes; self-insured, personal and commercial lines.

This new process may save millions of dollars in property claim adjusting expense. It may provide the ultimate in property claim customer service with rapid claim payments. There will be no more reporting the claim to the insurance agent for the claim to be reported to the company and an adjuster assigned. The customer will no longer wait, sometimes for days, for the adjuster to call and investigate the claim, the facts and damages before issuing a claim payment. The claim may now be submitted online over the World Wide Web and adjusted within hours on the same day it is reported. A check may be issued quickly and the claim paid and closed the same day it is reported. There will be no follow-up calls from an adjuster to document their claim. The process uses a program rules and claim adjusting rules.