RightIndem and Iotatech join forces to reduce indemnity spend and lifecycles while exceeding customer expectations
RightIndem, the cloud-based software platform designed to handle the First Notice of Loss transaction for insurance claims, teams up with Iotatech, the SaaS technology provider of Policy and Claims Solutions.
The RightIndem platform enables customers to report a claim from any device or channel, 24/7, through an easy-to-use digital platform. It leverages structured and unstructured data capture, to instantly validate and assess data for Straight-Through-Processing.
Iotatech Policy and Iotatech Claims are customer-centric platforms architected for customers to manage policies, and for suppliers to handle claims efficiently and effectively from any location and device.
Through the combined technologies, insurance businesses can optimise their claims journeys from reporting to settlement, reducing costs and claims lifecycles while exceeding customer expectations.
This partnership is a relationship between two organisations that share common values. Our joint vision is to enhance the claim journeys through digitisation, offering significant benefits to the insurers and their customers. Iotatech is the perfect partner to reach this purpose. said Oliver McGuinness, CEO of RightIndem.
Michael Sargeant, CEO of Iotatech, commented:
We are delighted to have teamed up with RightIndem and believe our collaboration will positively affect the bottom line for insurers and enhance the proposition for their customers as we continue to transform the industry with both our pay-per-use proposition and strategic partnerships.
RightIndem offers a digital self-service claims platform for insurers, TPAs and brokers that transforms the claims experience by making the process easy and hassle-free for customers. The solution is a white-labelled platform for customers to self-serve their own claim through a curated digital process accessible on any device. The platform leverages structured and unstructured data capture and connects to RightIndem’s ecosystem of third-party fulfilment solutions, to automate key decisions on claims.
To find out more about RightIndem, visit www.rightindem.com
About Iotatech Limited
Iotatech is a disruptive insurance technology business providing the next-generation insurance platform, an intelligent pay-per-use SaaS solution to risk carriers, third-party administrators, and related businesses. Based in Richmond, London, Iotatech Limited was formed in 2016 by experienced insurance technology professionals.
To find out more about Iotatech, visit www.iotatech.co.uk