As a large insurance company, we receive thousands of settlement claims every day, which need to be processed in great detail by our consulting partners. We have experienced too too many claims being written off, falling outside the scope of their local risk group. Therefore we urgently required a management tool that works with accurate data from local risk assessments for storm, hail, flood, terrorism, theft, etc.
Corvendor have set up an online management platform which allows our consulting partners in the UK and Ireland to reliably calculate insurance premiums based on the actual risks in the 2 million postcode areas concerned. This accurate risk assessment that Corvendor’s online management platform allows, has led to a significant increase in our margin and was perfectly tailored to our needs.
We were also impressed by the developers’ fast work: after only 6 weeks we were able to thoroughly test the prototype of the web application. The first test version, which was sent to selected business partners, was ready-to-use after about 6 months only. In the meantime, our database and online platform have had their performance and data sets updated annually.
We are delighted to recommend Corvendor as we have been fully convinced of both the speed and the high quality of their work!