Hiscox Partners With Verisk on Smoother Claims

Specialist global insurer Hiscox has partnered with insurance software specialist Verisk Specialty Business Solutions to implement Sequel Claims. The new partnership will provide Hiscox London Market with an electronic claims file (ECF) write-back enabled claims management solution that will enhance its claims management capabilities and allow it to capitalise on future opportunities in a fast-changing environment.

Sequel Claims allows users to manage, visualise and act on claims data in real time through a single intuitive interface. This provides a single source of truth throughout the claims process and delivers a range of operational and workflow efficiencies and enhanced user experience, decision-making and reporting capabilities.

Richard Reggel, Chief Commercial Officer, Verisk Specialty Business Solutions, said: “We are proud to partner with Hiscox to deploy our flexible, scalable platform which will help consolidate its position as a market leader in the London and global insurance markets. Like all Verisk solutions, Sequel Claims simplifies the insurance process while offering powerful data-driven insights, making it an essential competitive tool for companies in the digital insurance age.”

Adam Rushin, Director of Operations, Hiscox London Market, added: “One of our key claims drivers was to implement a modern tool with a trusted partner who is embedded in the Future at Lloyd’s programme so we can embrace the various digitisation opportunities coming out of Blueprint Two. Verisk is the ideal partner and Sequel Claims integrates easily with current and future Hiscox and London Market applications, ensuring we deliver faster response times and better service to our customers.”

About alastair walker 10567 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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