If it doesn't rain it pours! Kennedys IQ are tracking key COVID-19 references in Claims Portal data. We are already seeing coronavirus-referenced excuses for claims behaviours in RTA claims.
Insurers should anticipate fraudulent claims and ensure they can digitally accelerate anti-fraud claims solutions like our proven 360Retrieve.
Recently 360Globalnet and BC Legal announce a partnership which will see 360Globalnet offer Quantum Calculator as an Injury Assessment and Evaluation Toolkit within the 360Retrieve family of products, to be known as 360Retrieve QC.
Household name insurers have also quickly deployed our personal injury analyser solution.
See Changing the Personal Injury Claims Landscape for more details.
Be prepared is the best plan and rest assured that you will not be faced with Capex or other daunting upfront costs. In these days when reserves need shoring up that is the last thing you need.
Find out more and give me a ring at 07341 971132 or email me Mike.Daly@360Globalnet.com
In mid-March, as the UK was reacting to the pandemic and implementing social distancing measures and advising you to work from home, claims farmers had their minds on one thing - coronavirus claims. We have monitored and analysed open source information to identify how quickly professional enablers have reacted to capitalise on the pandemic and capture any resulting claims. Analysis of limited company incorporation data between February and March from Companies House show 45 newly incorporated limited companies that contain the words 'corona' or 'COVID' as part of their company name. These appear to range from help and assistance companies, to cleaning/PPE companies, and of particular interest, what appear to be claims management companies.