13th May 2019 | 5 min read
Iotatech Ltd (Iotatech), today announces that Commercial and General Ltd (C&G) have gone live with its next generation claims platform.
The Iotatech Platform has been designed using Microservices, Open API and Artificial Intelligence with an innovative approach to customer and user experience. It is an Internet of Things (IoT)-ready, intelligent pay-per-use solution, available via AWS as-a-Service.
Commercial & General’s Chief Executive Bradley Brandon-Cross said: “We are delighted to have gone live with the Iotatech Claims platform. When we signed contracts, we were promised a working solution in weeks and that is exactly what we have got. The platform will enable us to make significant savings on claims processing costs and deliver an excellent customer journey. It will also give our underwriter access to view our progress. My team have really enjoyed working with Iotatech on the project and now have a state-of-the-art claims system which will be the platform for our growth for many years to come.”
Iotatech Claims is being used by Commercial & General to record, triage and fully manage claims from first notification to settlement for the following products:
Further products are planned for roll out of the coming months which will use further Iotatech functionality such Artificial Intelligence and access the Internet of things to bring in third party data sources to reduce fraud and further automate the claims process.
Iotatech CRO and Co-founding director, Robert Thomson said: “C&G is our first customer for our disruptive claims solution to go live but we have other projects in implementation and expect to announce further developments and progress in the coming weeks.”
Iotatech Limited (Iotatech), the general insurance technology disrupter, has appointed insurance industry veteran Mark Cliff to its Strategic Advisory Council (SAC). Cliff will take up his new position in January 2020, and replaces Dermot Joyce, who is standing down from the Board but remains an active shareholder in the business. Read more
Following a comprehensive market evaluation, Evolution Claims Management (Evolution) has selected the Iotatech Claims solution to take its business to the next level. Iotatech Claims is a core part of its comprehensive Iotatech Platform insurance solution. Securing the Evolution business is a key milestone for Iotatech who launched the Platform Read more
Iotatech Platform to go live within weeks Iotatech Ltd (Iotatech), provider of the pioneering pay-per-use insurance platform, today announces that Commercial and General have chosen Iotatech Claims as its claims management solution. The deal will see Commercial & General implement the solution for full claims handling across all their Read more