Optimising home contents claims handling
ValueChecker: optimising home contents claims handling
One of the big issues when dealing with home contents claims is determining the replacement value of damaged or lost products. Over time, products, particularly electronics, become cheaper. But which reputable retailer offers the lowest price? And what if a product is no longer on the market? How do you find like kind and quality substitutes? Searching takes a lot of time, there is no guarantee that a replacement product is like kind and quality, and identical claims may well be settled differently, depending on the websites used by the different claims handlers.
Product assessment platform ValueChecker solves these claims handling issues. This demo shows you how quickly a home contents claim can be settled. In addition, claims costs are reduced dramatically: our customers’ statistics show an average saving per claim of 150 pounds. And finally, throughout your claims department all claims are handled uniformly and transparently, and the data gathered in the process enable reliable analysis.
The use of APIs facilitates easy integration in your systems, both in your policyholders’ ‘my insurance’ environment and in your backoffice. ValueChecker also facilitates fulfillment and is the ultimate enabler of Straight Through Processing of home contents claims.
How ValueChecker improves your claims performance?
If you would like to know how ValueChecker improves your claims performance, email Willem van der Hooft or call us at +31 6 51 50 57 87.