Case Studies |
Case Study:
Company: American Cooperative Council on Compensation Technology
Industry: Insurance
![]() ![]() ![]() ![]() Pragmatix Creates Data Exchange SolutionACCCT is an organization which operates as a joint venture of independent workers' compensation advisory and rating organizations. Its purpose is to foster software development and technical cooperation on a project basis among its membership. ACCCT facilitates this cooperation by providing a venue and support for legal services, billing, and bookkeeping. Business Issue
Business Results
Managing the file transfer of mandatory reporting data between insurance carriers and rating organizations was burdensome and time-consuming. Data exchange was often hampered by incorrect routing and insecure or unstable means of transmission. In addition, maintaining updated, accurate routing information on each rating bureau was costly. To provide a secure, stable method of file transmission available to all insurance carriers no matter which format their data is in, Pragmatix created a web-based solution - the compensation data exchange system - which can receive, validate and distribute reporting files in multiple formats based on a receiver's stored preferences. The insurance carriers send their electronic files to a central repository (CDX) either by email, web upload or FTP. CDX verifies the sender before accepting the file and then performs a basic validation. The file is then stored for web pickup or forwarded by email or FTP based on a recipients stored preferences. Data is collected and validated. File outputs are used by the recipients to automatically feed into other internal systems. Available 24/7/365, the solution enables carriers to send files anytime in order to meet their reporting requirements. In addition, management reports are also available online. |
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