SOURCE: Thunderhead

Thunderhead

May 24, 2010 08:00 ET

Thunderhead Unveils Its New Advanced Forms Management Feature Set for Insurance Providers

Thunderhead NOW Enables Users to Gain Greater Efficiency, Control and Auditability in the Production and Delivery of State-Mandated Policy and Claims Forms

LAS VEGAS, NV--(Marketwire - May 24, 2010) -  ACORD LOMA INSURANCE SYSTEMS FORUM -- Thunderhead, a global leader in customer communications management (CCM) software, today announced its new Advanced Forms Management feature set, which provides insurance organizations with a productivity break-through in the production, management and delivery of complex personalized claims and policy forms. These features provide users with a greater level of management control and visibility. The features reduce the risk of non-compliance and expedite form completion, saving organizations time, money and improving overall time-to-market.

"Thunderhead is committed to driving innovation in the customer communications market and continues to listen and incorporate customer feedback into the functionality of our services," said Glen Manchester, CEO at Thunderhead. "We listened to our customers needs and built upon our already robust feature set creating greater business efficiency for our customers."

The complex federal and state regulatory environment governing insurance -- and the scale of highly variable forms content -- means that insurers face an uphill battle trying to gain efficiencies through streamlining and automation. These barriers apply not only to the integration of forms and data but also to outbound document production, from ensuring the correct forms are used to the assembly of the required document packages.

To help insurers overcome these challenges, the new Thunderhead NOW Advanced Forms Management feature set delivers four specific capabilities:

  • Forms Import; empowers users to ingest external Forms originating from common source formats, such as PDF, JPG, TIF, SVG and PNG. Once imported, users can govern and manage form elements using Thunderhead's Forms Designer.
  • Forms Selection Categories; user defined profiling to drive selection and coverage for state regulated forms and document packaging.
  • Advanced Recipient Processing; automated forms selection and pack affiliation, with full multi-channel capability.
  • Advanced Reporting and Analytics; for state filing and compliance and coverage statistics, including "who received" data.

The Form Selection Categories feature allows users to profile each form template with metadata and rules without programming, enabling automatic forms generation as part of a straight-through business process. Advanced Recipient Processing leverages this information to dynamically create document packages encompassing multiple form types, correspondence and other policyholder communications, regardless of channel. This represents a major step toward straight through processing, providing improved service and cost reduction by eliminating manual processing.

To schedule an appointment to meet with Thunderhead during the event, please contact Brittney Wolff at thunderhead@lewispr.com. For more information on pricing and availability of Thunderhead's solution, contact sales_usa@thunderhead.com or visit www.thunderhead.com.

About Thunderhead 
Thunderhead is one of the world's leading providers of enterprise solutions for customer communications management. Thunderhead's innovative NOW platform empowers organizations to transform business communications into high performance customer experiences. Thunderhead front-ends CRM, marketing and other enterprise applications, providing a seamless cross-media customer experience, and features unparalleled personalization and multi-channel capabilities.

Thunderhead delivers improved customer satisfaction, loyalty and revenue outcomes. Its NOW platform enables business users to own the end-to-end process of managing customer communications, delivering significant efficiencies and cost savings, while at the same time providing enterprise-level control over regulatory compliance and brand.

Due to its unique combination of business user control, enterprise-class capabilities and open-standards foundation, Thunderhead has quickly established itself as one of the market leaders and is one of the fastest-growing software companies in the world. The company counts many of the world's leading private and public sector organisations as customers, including Allianz, Bank of America, Prudential, RBS Insurance, UBS and the Australian Department of Immigration and Citizenship. Thunderhead services its global customer base from offices located in North America, Europe and Asia Pacific.

For further information please visit http://www.thunderhead.com

Contact Information

  • LEWIS PR for Thunderhead
    Brittney Wolff / Katie Eakins
    619-677-2700
    Email Contact