The Claims Bank™ was born out of a need by the general insurance companies to share claims history across all lines of business via an electronic medium that can be accessible by any computer regardless of the computer architecture.

It is therefore a collection of incidents as provided by the claims departments of the insurance companies who are the owners of the data.

Over time Claims Bank™ will facilitate:

• Informed decisions for risk assessment by insurers
• Informed decisions by purchasers of vehicles or property
• Informed decisions by auto traders and real estate interest
• Informed decisions by lending institutions and takers of securities
• Informed decisions by loss adjusters and investigators
• Varied statistical data that could be required by the data owners as a collective body

Subscribers to Claims Bank™ are provided with the means to search using specific criteria such as:

• Name
• Chassis number
• Licence number
• Property address

A positive search result will provide in essence only a record of the incident and not far reaching details.

The scope of the search facility is dependent on the classification of the subscriber as determined by the data owners. Download a pdf version of the ClaimsBank User Manual. » Download UserManual


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