Article img

New BIBA InsurTech facility to reduce motor claims costs and timescales

  • Published by:

  • Topics:
    • Claims & Losses
    • InsurTech
    • Motor (Commercial)

BIBA has launched a smartphone app facility with Insure Apps which can reduce the average claims reporting time of 23 days by up to 90%...

The app, ‘Claims Made Easy’ also significantly reduces claims costs and is available to BIBA members at discounted rates.  Utilizing technology to speed up, standardise and streamline the claims process, it provides an InsurTech solution for brokers to tackle late and inaccurate reporting of commercial motor and fleet claims.

 

The app, ‘Claims Made Easy’ also significantly reduces claims costs and is available to BIBA members at discounted rates.  Utilizing technology to speed up, standardise and streamline the claims process, it provides an InsurTech solution for brokers to tackle late and inaccurate reporting of commercial motor and fleet claims.

 

Users of the app and their broker benefit from faster, more efficient and consistent reporting along with greater control.  The app allows the recording of key information such as GPS, police, witness, and third party details, along with photographs and additional information.

 

A claim can be reported in less than 10 minutes and is instantly submitted to the driver’s head office and their insurance broker.

 

Steve White, BIBA Chief Executive, said: “The app is a prime example of how brokers can benefit from InsurTech in everyday use – it’s a win for brokers, insurers and customers.  I’m pleased that we have delivered on our Manifesto commitment to provide InsurTech solutions for brokers with an app that’s tailored to them.”

 

Stephen Marshall, Managing Director of Insure Apps, added: “As an industry we’ve spent millions of pounds on technology to improve back office systems in insurance companies and brokers but how much has it improved the customer experience.  Claims Made Easy will transform the way drivers, insurance brokers and insurers handle claims. It’s about putting technology in the hands of our customers.”

 

Mike Hallam, BIBA Head of Technical Services, commented: “We are delighted to be launching this new member benefit. Brokers can now offer their own branded claims app that gives them the control to manage claims, save costs and time.  It can also help to address fraud issues and is easily transferable if the policy is moved to a different insurer.”

 

BIBA members are offered a 10% discount on a one year contract or a 25% discount on a three-year plan. They also receive double the amount of initial downloads meaning they can implement the app with 1,000 drivers at the base level price.

 

Claims Made Easy is licensed to BIBA members to use with their clients.  Once signed up, brokers can receive their own branded service within 24 hours.

 

Visit us here: www.biba.org.uk