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approximately 60% of their labour costs relate to claims handling. By automating this we can help insurance companies cut these costs dramatically

Utrecht, 20th Oct 2017. Keylane, a leading European supplier of SaaS solutions to the insurance and pension industry has integrated ValueChecker’s product valuation capabilities to its non-life insurance software solution, enabling the automation of claims processing and helping reduce clients’ claim costs.

The integration of ValueChecker into the Keylane software suite enables Keylane’s non-life insurance clients to further automate their claims processes, thereby enhancing their value chain. Products will be precisely identified, automatically analyzed and claims can be processed accordingly, allowing insurance customers to receive immediate feedback on their claims.

The capability to quickly and effectively provide up-to-date valuation of consumer products means that claims can be settled more efficiently by insurance claims handlers. The integration streamlines the product identification, valuation and depreciation components of the claims handling process.

Claims handling is often regarded as the ‘moment of truth’ where a straightforward
and worry free claim can have a positive impact on customer satisfaction. The integration of ValueChecker into the Keylane software suite allows insurance companies to improve their customer claim experience thanks to the transparency and speed of settlement. In addition, the integration enhances straight through processing (STP) while significantly reducing claims costs.

Ron van den Broek, CMO of Keylane comments, “Many insurers recognise that approximately 60% of their labour costs relate to claims handling. By automating this we can help insurance companies cut these costs dramatically.”
Arie Struik, Founder and CEO at ValueChecker, adds, “We are pleased with this pan-European cooperation, which is based on our shared vision of customer benefits and state-of-the-art innovation.”

About Keylane

Keylane is a leading European provider of modern, customer-centric, SaaS-based software to the insurance and pensions market. Our solutions combined with an in-depth knowledge and expertise of the industry enables us to help our clients transform their business operations to meet today’s needs. Implementing our insurance solutions allows our clients to reduce their costs, deliver new and innovative products to market faster, while increasing customer satisfaction. Headquartered in Utrecht in the Netherlands, Keylane employs over 750 people
and delivers services to over 100 Insurance companies across offices in Belgium, Denmark, Germany, the Netherlands, Norway, Sweden and the UK. Learn more at keylane.com

About ValueChecker

ValueChecker is a revolutionary product expert tool for the Insurance industry.
It enables fast, simple and credible identification, valuation and depreciation of product claims. ValueChecker builds upon the technology and experience gained
by alaTest during more than 12 years in the field of consumer product information. Founded in 2005 in Stockholm, Sweden, alaTest is the leading global aggregator
and analyst of product information, including reviews, specifications and prices. ValueChecker is a co-operation between alaTest and European insurance service provider Van Ameyde International.

We are very happy to offer you an exclusive background interview with our
CMO Ron van den Broek on the topics of automation and digitisation of the insurance and pension industry and InsurTechs.

For more information, please contact:
Kim Leemreize, Corporate Communications
+31 6 192 088 32 or kim.leemreize@keylane.com

This press release was distributed by ResponseSource Press Release Wire on behalf of Keylane in the following categories: Consumer Technology, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.