Data quality reviews

Accurate claims data has never been more critical, yet how many companies undertake targeted reviews to ensure the data they hold is correct and is being regularly updated?

In recent audits we identified 15% of claims contained critical data errors or missing information:

  • Incorrect loss descriptions
  • Incorrect driver details
  • Missing details of injured parties
  • Incorrect liability assessment code
  • Incorrect accident location
  • Incorrect no claims discount
  • Incorrect loss date

These items not only impact on claims handling but on pricing and the fight against fraud.

Based on its unique experience, CWMC offers:

  • A cost-effective remote desktop data review service to help identify data problems
  • On site reviews including validation of data being sent to external agencies such as CUE and MIAFTR

Contact us for more details.

 

 

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