Magazine

Jun 2019

Read the latest edition of AIR and MEIR as an Interactive e-book

Scope Technology launches ground-breaking claims management platform

Source: Asia Insurance Review | Jul 2015

International insurance telematics provider Scope Technology has unveiled pioneering new features for its claims support process. The ground-breaking technology will help insurers tackle the widespread problem of fraudulent whiplash claims. 
   False neck-injury claims are estimated to cost motorists GBP2.5 billion (US$3.9 billion) per year in the UK alone. Similarly, insurers in the US estimate that up to 15% of pay-outs are for fraudulent cases. 
   By using its patented crash related algorithms, Scope is able to determine the vehicle impact zone, angle and severity of each impact. By mapping this against a huge bank of crash data, research on physical injury and neural network models, Scope can gauge the likelihood of physical injuries. This technology can greatly improve the efficiency and accuracy of the claims handling process for the insurer. 
   In addition, the newly improved system, which transmits vehicle information and accident analysis to a central platform in real time, will enable faster medical attention for drivers in cases of genuine injury.
 
| Print | Share

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 

Recent Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.