Claim Technology

💥WOW💥 what an incredible few days for the Claim Technology team and our partners at the Insurtech Insights Europe conference last week. Thank you to our partners Sprout.ai, Mind Foundry, WEX, YOUR PASS and Paperbox.ai for joining us in Innovation Village and bringing the vision to life 🚀. If you missed us at the conference and want to discover how we can help you reimagine claims ping us a message at hello@claimtechnology.co.uk 🌟 Ashley Preece Lucy Castle Michael Lewis George Stokes Kenny Sweeney-Baird Andrei Daniel Munteanu Harry Seaman #ITIEU24 #InnovationVillage

We have a new blog available to read: How to meet increasing customer expectations with a digital-first claims process. Some facts... - Making an insurance claim is stressful. - Customers are demanding more from their insurers. - Insurers are struggling to catch up and meet these expecations. This blog looks at what customers now expect and why a digital-first claims process is the first step in building a customer journey that works. Read now: https://lnkd.in/eVpuvFnz

Insurers have long discussed claims transformation... But recent data suggests that despite all of the investment in technology in the last 20 years, claims handler productivity has remained static 🤔 It is time to REIMAGINE the claims process. Claim Technology is your partner to redefine the claims process with. We work with insurers, MGAs and Third Party Administrators to help them solve specific claims challenges, as well as transform the entire process 🤩 If there's a problem you're facing - chances are, we already have the answer you're looking for. Try us 👇 https://lnkd.in/ewnAVdCP

As we come to the end of 2024, we take a look at the insurtech that is proving the most disruptive in the insurance industry. Give our latest blog a read and share your thoughts below 👀 Do you think the future of insurance lies with AI, wallet passes or something else entirely? Read it now 👇 https://lnkd.in/eB6uvVfJ

Just in case you've missed our recent blog.... Why More Isn’t Always the Answer When It Comes to Insurtech. This blog underscores the critical importance of strategic collaboration. It demonstrates how, together, we can collaborate on smarter, more integrated insurtech solutions that drive real value for insurers. Let’s challenge the status quo and create more effective partnerships from within our ecosystem. 🚀 Read it now 👀 https://lnkd.in/etgbNT-4

Introducing our partner program with exclusive benefits 🎉 We’re thrilled to announce the launch of our enhanced Partner Program, designed to empower our partners by leveraging Claim Technology’s vast industry network and expertise. Together, we can amplify our impact, extend our reach and drive more sales What's included? 🚀 Access to a curated database of 9,000 insurance buyers: Benefit from our targeted outreach campaigns, achieving an impressive 18% open rate (2x industry average) and 7% click-through rate (4x industry average). These co-branded campaigns are crafted to drive highly qualified leads directly to your sales pipeline. 🚀Joint marketing campaigns: Contribute your expertise to co-branded content and guides that we’ll distribute through our channels and yours, expanding your brand’s visibility. 🚀Exclusive event participation and discounts: Take advantage of discounted exhibition rates, speaking opportunities, and co-hosted events, whether virtual or in-person. 🚀Dedicated partner listing: Showcase your company to our extensive network through a prominent listing on our partner portal. 🚀Digital marketing spotlight: Enjoy a spotlight feature on LinkedIn, a shout-out in one of our monthly newsletters, and a dedicated blog post interview. Spaces are limited, so reach out today if you want to become a partner! 👇 https://lnkd.in/ewnAVdCP

Have you read our blog... The Practical Use of AI in Automating Pet Claims 👀 🐶 AI is proving transformative in the insurance industry, but what impact is it having on pet insurance and pet claims? 💌 Paperbox connects AI directly to email inboxes, removing some of the manual processes for reviewing inbound emails 📈 Cortical.io provides intelligent data classification, mapping specific treatments to precise loss codes 🐾 Sprout.ai brings automation to the forefront of decision-making in pet expense reimbursement claims The journey to AI-powered pet claims automation doesn’t happen in isolation. It’s a collaborative effort with different insurtechs like the above. And that's just scratching the surface. Read the blog to find out more 👇 https://lnkd.in/eGqQtyHK #PetClaims #PetInsurance #InsurTech

It's that time of the week - our Partner Spotlight 💡 This week, we are talking about our partnership with Transcard. Transcard leads the payment technology sector - they deliver solutions for financial institutions, tech companies and businesses. Working together, we make claims payouts more seamless. With Transcard we offer 3 claim payout options: 1) A self-serve process where customers enter their bank details and receive their funds in seconds 2) A push process where funds go back onto the same card that was used to purchase their insurance 3) An option to save a virtual card to either Apple Pay or Google Wallet Together, we make receiving payments for insurance claims SO much easier. If you want access to streamlined claims payouts, along with tons of other technologies, get in touch today 👇 https://lnkd.in/ewnAVdCP

Our partner, RAVIN.AI have released a great white paper... Transforming Motor Insurance: Ravin AI's White Paper on Smart Triaging and Automation 🚗 Here are some of the key insights: 🔍 Advanced Claims Processing: Discover how Straight-through Processing (STP) and automated triaging are reshaping the industry, delivering substantial cost savings and efficiency improvements. 🔍 Real-World Impact: Explore a compelling case study that reveals a 30% reduction in costs per motor case through more efficient repair plans and reduced logistics expenses. 🔍 Leveraging Automation: Understand how over 67% of claims can be pre-processed, streamlining operations and enhancing decision-making at the First Notice of Loss (FNOL). 🔍 Regulatory Readiness: Learn how insurers can adapt to new regulations like the EU’s ‘Right to Repair’ directive, ensuring compliance and sustainability in repair practices. To read more, download it HERE 👇 https://lnkd.in/eM_i_sba #MotorInsurance #InsurTech #Innovation #STP #Automation #InsuranceIndustry

Have you read our latest blog? 👀 Beyond efficiency: how automated claims processing delivers enhanced customer experiences 📈 Automation is a part of our everyday lives. We're always finding ways to automate repetitive, manual processes to increase efficiency. But, automated claims processing is still not the norm 🤯 Read this article to learn how automated claims processing can not only improve efficiency but also improve customer experience 🚀 💖 https://lnkd.in/eCNEF-a2 #Insurance #ClaimsProcess #AutomatedClaimsProcess