Motor insurers grapple with credit hire claims due to inflated rates, constant disputes, and fraud lurking around every corner. The complex process drains resources, stalls resolutions, and demands specialised staff, making it a costly and time-consuming headache.
Verisk's Managed Claims Services help insurers achieve significant cost savings, shorter claim lifecycles, and reduced fraud risks through a comprehensive suite of services.
Proactive credit hire claim management reduces indemnity spend by making certain that insurers pay only for legitimate claims.
Verisk equips insurers with holistic litigation spend data to drive informed decisions and optimise claim outcomes.
Verisk streamlines claims processes and improves adherence to industry standards – both improving the customer journey and reduce claims costs.
Efficient management and resolution of liability, reducing fault ratios and claim lifecycles.
Close tracking of open hire claims for cost-effectiveness and real-time monitoring.
A specialist team dedicated to identifying, questioning, and rejecting false motor insurance claims.
Flexible system rules to automate invoice settlement, with regular data reviews and suggestions for market-appropriate spend.
Handling payment and recovery of insurers' outlays to minimise claim lifecycles and litigation.
Thorough analysis, negotiation, and settlement of invoices by claims experts in line with governing principles.
Rapid identification and appropriate action on incoming legal proceedings to minimise delays and costs.
Learn more about our full suite of claims solutions that provide compliance, fraud analysis, and further claims management tools.
Leverage subject matter experts and counter-fraud technology to combat fraudulent credit hire and associated claims.
Transform subrogation and accelerate claim settlements with this cloud-based, SaaS platform.
Automatically triage motor damage claims into repair or total-loss workflows in seconds.
Know when a customer’s vehicle is recovered by police after a road traffic collision or a theft.