Cambridge’s New Management Technology Offering Real-Time Escrow Access

April 18, 2005

Risk managers can now reportedly better manage their property and casualty losses with real-time, global access to claims data provided by the Cambridge Ovation Portal.

This new technology offering from Cambridge, a strategic global outsourcing firm with expertise in claims and loss cost management services, is reportedly the first in the insurance industry to offer real-time information on claims escrow account activity.

Launched in November 2004, the Cambridge Ovation Portal transforms insurance claim data into usable information so that risk managers make timely, accurate decisions to prevent and manage losses.

The Cambridge Ovation Client Portal offers different advantages including:

— Real-time access to data.

— More accurate tracking of individual property & casualty insurance claims and claim trends.

— The ability to identify claims before they reach a designated threshold.

— Real-time status of escrow account activity throughout the business day.

The Cambridge Ovation portal is available now, and is a free information technology service that is bundled with other Cambridge property & casualty insurance claims administration and loss cost management services.

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