The Beacon Insurance Company Selects Plexis Claims Manager

The Beacon Insurance Company today announced that they have selected Plexis Claims Manager for their claim processing and benefit administration system. The Beacon Insurance Company offers general (home and auto), life and health insurance, and will use Plexis Claims Manager to replace the various systems and manual processes currently in place for their health insurance line of business.

(PRWEB) April 9, 2005 -- The Beacon Insurance Company today announced that they have selected Plexis Claims Manager for their claim processing and benefit administration system. The Beacon Insurance Company offers general (home and auto), life and health insurance, and will use Plexis Claims Manager to replace the various systems and manual processes currently in place for their health insurance line of business.

The Beacon Insurance Company was incorporated in Trinidad and Tobago in 1996, and has steadily grown into one of the leading general insurance providers within the Caribbean region, with over $100 million in written premiums in its seventh year of business. The company currently has operations in over 6 islands: Barbados, Dominica, Grenada, St. Lucia, St. Vincent and Trinidad and Tobago and underwrites the following classes of insurances: Property, Motor, Liability, Health and Accident, Credit Life, Marine Cargo and Hull; Engineering, Bonding, Securities and General Accident. In a continuing effort to provide a full range of insurance services to clients, The Beacon launched its Individual Life & Health Division in early 2005.

The Beacons Managing Director -- Gerald S. Hadeed welcomed the partnership with Plexis, The Beacon thinks of itself as a progressive, futuristic company -- focused on customer service and excellence. As such, we will continue to search out and implement technology solutions, which not only provide "real-time" information to our stakeholders, customers and agents, but also increases efficiency levels company-wide. The addition of Plexis Claims Manager fulfills all these needs and will allow The Beacon to maintain extraordinary system performance while continuing to develop efficient, user-friendly technology, thus allowing us to maintain superior service and profitability."

We are very pleased that The Beacon Insurance Company selected Plexis," said Jorge Yant, President and CEO of Plexis Healthcare Systems. Plexis software systems are designed to fit a wide range of health plans in the United States and abroad. We are confident that Plexis software will greatly improve the efficiency of The Beacons claim processing and benefit administration productivity, and significantly decrease administrative costs," Mr. Yant continued.

About Plexis Claims Manager
Plexis Claims Manager provides the functionality to facilitate accurate and automatic claims adjudication, referral authorizations, benefit administration, and contract management, while meeting all present HIPAA compliance requirements. Plexis rules-based engine allows healthcare organizations to readily customize the claims processing system to meet its processing goals.

About Plexis Healthcare Systems, Inc.
Plexis Healthcare Systems is a leading payer solution and claims processing technology company based in Ashland, Oregon. Plexis is one of the fastest growing claims processing companies in the healthcare marketplace and have been developing high-end payer solutions since 1996. Plexis Healthcare Systems claims processing tools employ the very latest Microsoft technology and are highly rated by independent healthcare consultants. Their payer solutions enable healthcare organizations to reduce costs, streamline and automate their claims payment and medical case management requirements, increase profitability, enhance customer satisfaction and expand market share, while helping them meet all current governmental regulations, including HIPAA. For more information, please call toll free (877) 475-3947 or visit www.plexisweb.com.

###