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FINEOS and Crowe Paradis Join Forces

"This partnership brings together two leading companies with complementary experience and expertise in Disability Insurance. Adopting Disability Logic! is part of FINEOS' ongoing commitment to integrate best of breed business solutions that provide better business decisioning capabilities to our clients, enabling them to offer superior quality service in an increasingly cost effective fashion," said Michael Kelly, CEO, FINEOS Corporation. "In this way, FINEOS has become more than just a technology vendor. Instead we offer a comprehensive, functionally rich solution that can meet all aspects of our clients' business requirements around claims handling and processing" .

While the process of applying for SSDI is both costly and time consuming, Social Security offsets represent the single largest source of disability claim cost mitigation for the Disability Insurance industry. Additionally, the management and referral of claims for SSDI application assistance is a major challenge for the Disability Insurance industry and an area that is fraught with risk. Crowe Paradis used their expertise in navigating these challenges to develop Disability Logic! , a decision tree based predictive algorithm that scores potential SSDI claims to ensure the greatest possible likelihood that only eligible claimants are encouraged to file for SSDI benefits at the right time in the process. Disability Logic! was built upon Crowe Paradis' claim filing data, along with historical data from many of the largest U.S. Disability Insurance carriers. The integration of Disability Logic! with FINEOS will allow claims to be automatically scored for SSDI referral potential and routed according to a defined workflow.

"We are very pleased that FINEOS, a world-class technology leader in the insurance industry, has recognized the value that Disability Logic! provides to our mutual customers. We look forward to forging a strong partnership in the Disability Insurance space and working together to continue to bring innovative solutions to disability claim management" , said Michael Crowe, CEO, Crowe Paradis, LLC.

About Crowe Paradis
Founded in 2002 by three entrepreneurial attorneys, Crowe Paradis, LLC is the fastest growing Social Security and Medicare benefit advocacy firm in the United States. With over 150 employees strategically based throughout the U.S., Crowe Paradis works closely with employer-sponsored group life, disability and health plan participants to guarantee that disabled and retired employees receive the education, advocacy, and benefit coordination services necessary to achieve our core mission of obtaining the fastest possible benefit approvals for our clients. For more information, please visit www.croweparadis.com.

About FINEOS Corporation
FINEOS is a global innovator of enterprise software solutions for insurance and government. FINEOS solutions address core business processing requirements including claims & payments management and new business/underwriting. FINEOS solutions are built on a rules-driven, service-oriented, component-based enterprise platform that serves as a flexible infrastructure for new product introduction, legacy enrichment, and business transformation. FINEOS is delivering documented benefits for some of the world's leading insurers, government agencies and bancassurance institutions. The company is headquartered in Dublin, Ireland with offices in North America, Europe and Australasia. For more information, please visit www.FINEOS.com.

FINEOS Corporation
Susanne Ryan
Senior Marketing Manager
+353-1-6399918
susanne.ryan@FINEOS.com