Released on: November 5, 2007, 7:28 am

Press Release Author: BeyondPR

Industry: Software

Press Release Summary: Version 2.1 of new case management software delivers even
more benefits to the user

Press Release Body: AquariumClaims has a swift solution to the rising number of car
insurance claims, particularly in winter. The switch to Greenwich Mean Time on
Sunday 28 October meant Monday commuters found themselves hitting the roads in the
dark. With the earlier nights, some 15% of drivers admit struggling to adapt to the
new conditions. New and improved case management software from AquariumClaims makes
the claims handling process quicker and more efficient for insurance companies.
There has been a rise in motor injury claims to over £2 billion per year. Costs per
insurance policy for claims of more than £5 million have jumped by 30% per annum
over five years according to recent reports. The total cost of bodily injury claims
paid by UK motor insurers has significantly outstripped inflation over the past
decade, according to the fourth UK Bodily Injury Study. Claims inflation was 9.5%
per year between 1996 and 2006 - more than double the growth in average earnings.
Over the last 20 years, claims costs have risen by 840%.
With the increase in car claims, fast and efficient handling of the claims is vital
for the insurance industry. Version 2.1 of AquariumClaims case management software
makes the process simpler, smarter and swifter for claims companies. AquariumClaims
is a state-of-the-art claims management software solution specially designed for
fast growth claims companies. Version 2.1 delivers even more benefits to the user,
further speeding up the claims handling process.
"The significant increase in car insurance claims over the years has made the claims
handling task more difficult for the insurance industry. There are a greater number
of cases to handle, while claims companies have to work faster and more efficiently.
This is where AquariumClaims delivers. The new easy-to-use features in Version 2.1
make it an even better product, delivering greater simplicity and reliability to the
claims handling process," said Aquarium's product marketing director Mark Colonnese.
Claims software from Aquarium has been designed specially for claims handling
businesses. It is quick to set up and is available at a comparatively lower cost. It
uses the latest web-based technology giving users a powerful solution at a cost that
traditional software providers cannot match.
Aquarium has set up a "60 second" online test which allows claims companies to
compare their current processes with state-of-the-art claims processing using
AquariumClaims. The test is free and confidential, and the results are emailed back
immediately to the user. Interested claims managers can take the AquariumClaims
online test at www.aquariumclaims.com.

For further information contact Aquarium Software, free of charge, on 0800 781 7570
or visit www.aquariumclaims.com


Notes to editors
Traditional software is installed locally on the user's own server, so requires the
user's IT staff to install and update the software. By using a Software as a Service
(SaaS) model, Aquarium does away with this, taking care of installation, maintenance
and upgrading of the software as well as secure data storage. The company has also
revised its pricing model so, instead of the traditional upfront license costs,
ongoing maintenance charges and heavy consultancy set-up fees, Aquarium can offer
users faster start-up and much more flexible pay-as-you-go pricing, if they want.


Web Site: http://www.beyondpr.co.uk

Contact Details:
Media Contact: BeyondPR. Tel: 0114 275 6996. Mob: 07930 697773. www.beyondpr.co.uk
Ref: ECA014 - Rise in car insurance claims