| | December 201919CIOReviewdecline the offer. The platform then notifies the member who placed the bid of the service providers who accepted their bid. For ease of use, all of this is stored in the members' dashboard.iMatch helps buyers of services during their request for proposal (RFP) processes to match them to the best service providers for their company. iMatch has already connected multiple providers and buyers. In one such successful match, the lead executive at the buying organization commented that the culture of the two organizations matched perfectly, while the service provider acknowledged that the insurance company was not even on their marketing list. iMatch is continuously updating matching algorithms that will make the RFP processes more transparent and effective. Lastly, to supplement its technology offerings, Claim Connect IQ offers specialists in different service segments to assist in RFP, audit, and other vendor management areas. This expertise helps round out the Company's overall focus, which is to help insurance companies, risk managers and brokers make better business decisions when it comes to third-party service partners. Claim Connect IQ has plans to expand its footprint to Canada and the U.K. in the next year to enable insurance professionals and service providers from these countries to interact with the U.S. market as well as their own. Our platform helps insurance professionals search, select, and interact with their service providers, while also helping service providers demonstrate their proficiencies and build their brand
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