Lucens Group Announces Corporate Name Change to Claimify to Reflect Commitment to Its Software Platform

BOSTON, Dec. 11, 2018 /PRNewswire/ -- Lucens Group ("Lucens"), www.lucensgrp.com, the industry-leading disability insurance technology and services company, announced today that it is changing its corporate name to Claimify LLC. The name change reflects the company's broader commitment and its expertise in driving the digital innovation needed to shape the future of the insurance industry.

According to Deloitte's 2019 Insurance Industry Outlook, "The rise of connectivity has generated a massive amount of real-time data and turned the insurer's relationship with policyholders from static and transactional to dynamic and interactive. Meanwhile, InsurTech is fundamentally altering the rules of the game and spurring the creation of a new ecosystem driving innovation. These tectonic shifts have created both threats and opportunities for industry leaders, who may appreciate the impact of digitalization in a broad sense but perhaps not yet see how it will allow them to solve long-standing problems, reduce customer friction, and tap into new profit pools."[1]

"Claimify's vision for 2019 and beyond is consistent with the growing belief that technology, data and analytics will play an increasing role in the mitigation of mundane processing issues to create a community that empowers better claim decisions," said Brett Albren, co-founder and CEO, Claimify. "As a company with its roots in insurance automation technology, we are committed to delivering breakthrough solutions that will connect all the points in the insurance claim processing continuum."

Since the company's inception, its focus has centered on settlement facilitation and benefit validation enablement solutions. These capabilities have supported carriers and claimants by reducing the cumbersome and resource-intensive procedures in order to streamline these often complicated and time-consuming processes. This has resulted in simple service-based offerings for all parties to balance technology with human interaction in order to expedite accurate processing while providing an expanded range of options. In 2019, Claimify will take the industry to the next level with technology firsts in automated claim lifecycle management.

The emergence of Claimify brings a new brand of digital transformation to the insurance industry. As data is not only more available but more accessible and shareable because of the increasing use of APIs and the efficiency of cloud-based platforms, this has opened the door to new possibilities. Claimify is focusing its efforts on revolutionary new technologies that combine decades of expertise in the space with next-generation managed services designed to reliably deliver fast, error-free user experiences. Carriers leveraging these new solutions will gain immediate competitive and financial advantages as Claimify harnesses the power of data to improve service levels and revenues.

Visit Claimify at http://www.lucensgrp.com. The new name is effective immediately and will be implemented across the company's products and solutions throughout calendar year 2019 and beyond.

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Contact Lucens Group at http://lucensgrp.com/contact-us/.

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About Claimify
Claimify is the leading technology services company providing innovative solutions to the disability insurance industry. As a privately owned, independent company, Claimify builds a bridge between people receiving disability benefits and the insurance companies providing those benefits. With unique disability insurance service offerings, such as benefit validation and settlement facilitation, Claimify is paving the way toward mutually beneficial solutions for disability insurance companies and claimants. By using technology to create new ways to deliver clarity and simplicity, Inc. 5000 business leader Claimify makes the disability insurance experience more accessible and transparent for everyone involved. For more information about Claimify, please visit www.lucensgrp.com.

CONTACT: Joe Austin, (818) 332-6166
Email: [email protected]

[1] Deloitte, 2019 Insurance Industry Outlook, 2018

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SOURCE Claimify