Irish Minister for Trade and Development, Joe Costello T.D. leads trade mission to South Africa
Portland, ME, November 15, 2013 – ClaimVantage CEO Leo Corcoran traveled to South Africa this week as part of a trade mission organized by Enterprise Ireland and led by Irish Minister for Trade and Development, Joe Costello T.D. in a major drive to increase exports to South Africa and Nigeria.
ClaimVantage is an established Life and Health claims processing software provider in North America, Canada and Europe. Following on from this success, the company has expanded its markets to include Australia, New Zealand and South Africa. With ongoing infrastructural development and healthy consumer spending, Merrill Lynch highlights South Africa as one of three countries with promising growth forecast over the next decade.
Speaking during a meeting with ClaimVantage in Johannesburg Minister Costello said: “This trade mission is about showcasing dynamic Irish companies to potential South African business partners. ClaimVantage is an excellent representative of Ireland’s vibrant financial services enterprise sector with the skills to deliver innovative solutions to the South African market. I wish them every success as they continue to develop their business in South Africa and throughout the world.”
ClaimVantage has built the next generation claims system to target the global life and health market on the Force.com platform, to replace traditional legacy systems. This scalable Cloud platform reduces implementation costs by 60%, can be implemented in 60-90 days and guarantees upgrades for each customer.
Speaking from South Africa Corcoran said: “The market looks excellent for insurance services and after meeting many insurers in South Africa we see an appetite for new innovation in claim management. We will help them eliminate paper and legacy systems with next generation Cloud claim management which will leap-frog the more traditional thinking in other markets.”
Enterprise Ireland is the Government agency in Ireland responsible for supporting Irish businesses exporting internationally.
ClaimVantage provides Life, Health and Absence claim management software products and services to its customers. Efforts are focused on providing efficient, accurate, and productive claims processing solutions to a wide-range of Insurance Companies, Third Party Administrators (TPA’s), and self-insured employers.