Unlock valuable capital and eliminate administrative drag from legacy portfolios.
The time consuming and resource intensive task of managing static claims can lead to an administrative burden, inaccurate financial reporting, weak broker engagement and a siloed process. This can lead to scrutiny which increases unneeded pressure on teams.
Velonetic’s Static Claims service is proactive and handles pre-static and static claims enabling your business to stay ahead We are a direct liaison with brokers and expert with long held, established relationships ensuring faster updates and resolutions. We also provide monthly bespoke reports tailored to your requirements and whenever amendments are needed Velonetic steps in to update or amend claims.
We transform administrative files into closed cases
As part of Lloyd’s Central Processing and Claims Processing Services (Core), Velonetic manages Technical Processing (TP) for the entire Lloyd’s Market. This gives us access to the relevant data, allowing us to update claim records directly without relying on the broker to create a movement.
Instant Claim Updates
As part of Lloyd’s Central Processing and Claims Processing Services (Core), Velonetic manages Technical Processing (TP) for the entire Lloyd’s Market. This gives us access to the relevant data, allowing us to update claim records directly without relying on the broker to create a movement.
Transparent Purging Service
Through our Central and Claims Processing Contracts, Velonetic offers a purging service that follows Lloyd’s criteria for closing static claims. Monthly reports detail which claims have been closed, providing full transparency.
No-Win-No-Fee Model
With Velonetic, you only pay for results. If we chase a static claim and no updates are generated, you won’t be charged.
Dedicated Team and Point of Contact
Every customer has a dedicated Velonetic team and a single point of contact who “owns” the service for each customer, ensuring personalised support and seamless communication.
Explore Our Claims Services
Compliment your Claims Processes with a range of our other services.
Transform Your Operations
Discover how our static claims service can transform your processes and streamline claims management.
