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BrickStreet Insurance First Workers' Compensation Company To Apply Advanced Analytics to Claims ProcessingJacksonville, FL (November 17, 2008)BrickStreet Mutual Insurance Company is the first workers' compensation company to use uReveal™, a next-generation advanced analytic software, according to an announcement today by IxReveal, the software's manufacturer. BrickStreet is one of the largest writers of workers' compensation insurance coverage in the nation and the largest in West Virginia."BrickStreet is the first workers' compensation company to apply the most advanced analytics to claims processing and the latest financial services leader to use uReveal" said Ren Mohan, IxReveal Co-Chairman and CTO. "BrickStreet is establishing itself as a leader in the industry," he noted, "through early adoption of advanced technology to provide 'best in class' service to its clients." "We are very encouraged by the early results generated by using uReveal technology and are convinced this program will have a significant, positive impact on BrickStreet," said Lisa Prater, manager of the Special Investigations Unit at BrickStreet. "During this period of severe economic stress," she continued, "uReveal will be an important tool in ensuring that BrickStreet maximizes its resources, responsiveness, and effectiveness for the benefit of our clients and their employees." About IxRevealIxReveal is a leading text analytics software company that transcends current search and business intelligence technologies. The company's solution-based products are unique in their capacity to transform large volumes of unstructured and structured data into actionable intelligence. IxReveal's award-winning product lines, uReveal™ and uReka™ (www.ureka.info), also allow researchers to collaboratively share concepts and findings.Clients include leading multinational corporations, financial institutions, law-enforcement agencies, universities, health organizations, and major federal agencies with data-intensive mandates in areas such as intelligence, security, finance, health-care, homeland security, and crime/fraud prevention. For more information about IxReveal, visit www.IxReveal.com. About BrickStreet InsuranceBrickStreet Mutual Insurance Company began its historic role as West Virginia's first private workers' compensation carrier on Jan. 1, 2006. BrickStreet is a mutual company owned by its policyholders, and is among the largest writers of workers' compensation coverage in the nation.BrickStreet provides a variety of tools to help employers provide a safe work environment for their employees and minimize losses - including on-site support from our safety specialists, a library of safety resources and ongoing programs, such as our Deductible Program, that can help manage costs. For more information about BrickStreet Insurance, visit www.BrickStreet.com. For more information about this press release, contact: |
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