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Arthur D. Little

Arthur D. Little has been at the forefront of innovation since 1886. We are an acknowledged thought leader in linking strategy, innovation and transformation in technology-intensive and converging industries. We enable our clients to build innovation capabilities and transform their organizations. ADL is present in the most important business centers around the world. We are proud to serve most of the Fortune 1000 companies, in addition to other leading firms and public sector organizations. For further information, please visit www.adlittle.com

BMS Funding announce integration with Claim Technology, introducing a revolutionary AI claims platform for digital self-serve

In Action Summary

BMS Funding has partnered with Claims Technology to provide Claims-as-a-Service. The partnership will launch a fully digital, “touchless” personnel injury claims portal and is part of BMS’s response to the Civil Liabilities bill 2019 which will force  law firms and insurers to digitize old fashioned processes that burden consumers.

 

Claims as a service will provide full digital, touchless personel injury claims solution

The benefits include –

  • Preparation for the Whiplash Reforms. – The Ministry of Justice are increasing the small claims limit to £5,000 for RTAs, and £2,000 for all other personal injury claims. Law firms need to digitise their operating models to make claims under this amount profitable.
  • Improve Operational Efficiency – Streamline the end-to-end claims process. Additional features include,, online customer support or insurance adjustors for low severity cases and in-built tools identify fraud or misuse.
  • Support Best-in-Class Customer Experience – 24/7 self-service tools and offers an omnichannel experience.

Michael Lewis, CEO Claim Technology has said of this launch: “Our claims automation capability will save hours of ‘touch time’ on processing a claim and transform the customer experience through innovative digital self-service.”

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