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FARA Insurance Services, a provider of claims administration and risk management solutions nationwide, is pleased to announce a key new feature offered with FARA’s flagship claims management information system, iClaimsExpert, called the Analytical Tools Store.

The Analytical Tools Store is a repository of more than one hundred reports in a central location that have been developed to meet the rapidly expanding information needs of FARA’s clients. The reports are graphical in nature versus traditional spreadsheet reports making information much easier to decipher. The Analytical Tools Store removes the hassle of filtering data which allows valuable time to be focused on decision making, not data organization.

"The Analytical Tools Store changes the way companies visualize data. We felt that by incorporating data illustration into our reports, it would increase the functionality and better the delivery of data to our clients. iClaimsExpert users can now click a button to view graphs and charts of system generated reports or even reports that are needed on an ad-hoc basis. This allows the user to save reports as a 'favorite' to store for later use. We are making the claims management process even easier for our clients," said David Richard, senior vice president and chief technology officer of FARA.

For over nine years, iClaimsExpert has been a leader in claims management information systems by delivering real-time data in a secure and trusted environment. By providing access to claim data from anywhere at any time, iClaimsExpert affords its users the ability to remain pro-active in the claims management process and to remain on top of their risk. iClaimsExpert is available to FARA's clients and is also available in the software-as-a-service (SaaS) model.

Founded in 1978 and headquartered in Mandeville, La., FARA is a nationwide insurance services provider of risk management and claims administration solutions for insurance companies, self-insured corporations and government entities. FARA’s flagship claims management system, iClaimsExpert™, offers immediate and accurate claims information in a secure and reliable web interface.