Weather claims validation

Severe weather occurs somewhere in the UK on over 90% of all days. On average, a quarter of all claims received by British insurers are weather related, and their annual cost can exceed £1bn.

WeatherNet provides a fast, accurate and reliable facility for checking local weather conditions for any postcode and date. WeatherNet is employed by over 50 UK insurers and the Financial Services Authority (FSA), and has been a finalist for the Insurance Times‘ Service Provider of the Year 2006 and 2007 and winner of the category in 2008.

For a demonstration, please go to
www.weathernet.co.uk/insurance/demo

Key benefits
Using WeatherNet as part of the standard claims process can yield dramatic benefits in terms of:

• Increased compliance
• Rapid claims resolution. Improves customer service; lowers claims costs through enhanced workflow, reduction in secondary losses
• Effective control on leakage and fraud. On the basis of one million claims validated to date >20% fail to meet minimum peril definitions and could be repudiated
• Greater claims insight and intelligence

Key features

• Ease and speed of deployment and use. User friendly interface and built-in tutorial
• Red-amber green ‘traffic lights’, are configured to client peril definitions and provide immediate indication as to the veracity of a claim
• The application is branded to our client’s colours and specification. Users are automatically recognised and authenticated, meaning instant access (no logon) and ultimate security
• Reliability of service. Audited uptime >99.8%
• Three styles of reports are available for printing and evidencing a decision to repudiate
• Extra reference and tools are built into the applications’ title bar
• Comprehensive management information (MI) supplied quarterly, describes key indices of claims performance and benchmarks them against a global average of all other insurers
• Our XML module can interface directly with claims systems to auto-validate weather claims without the need for re-keying
• Technical and weather support is available 8am-8pm, 7 days a week
• Alternative ‘pay as you go’ telephone service +44 906 1100445 requires no subscription orregistration. All calls cost £1.28 per minute + VAT

For further information about our service, please contact Steve Roberts on
+44 1202 296396 or email steve@weathernet.co.uk or visit our wesbite at weathernet.co.uk