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Insurers drive double-digit CAPS growth
- 29 March 2022
- Posted by: Alan Feldberg
- Categories: featured, News
Data from 2021 shows a 23% increase in the use of CAPS as a number of top UK motor insurance companies now use the platform to communicate with their motor repair supply chain Insurers such as Ageas, Direct Line, Esure, LV= and Sabre are now among those using CAPS to exchange data directly to the software platforms [...] -
CAPS celebrates global security standard
- 15 November 2021
- Posted by: Alan Feldberg
- Category: News
The secure data exchange platform CAPS has successfully passed the rigorous Type 1 Service Organisation Control (SOC2) security examination This is a significant milestone in a year that has seen CAPS continue to grow rapidly, both in terms of numbers of users and transacting claims over the platform SOC2 is a [...] -
CAPS reports 13% rise in claims through June
- 5 July 2021
- Posted by: Simon Wait
- Category: News
The latest CAPS Consortium motor claims analysis, for June, shows a 13% increase in claims activity exchanged across its platform compared to the preceding month For the same period, supply chain transmissions (covering parts, mobility, systems) increased by 14% The new figures are 82% for unique claims (up from [...] -
CAPS reports another week of claims growth
- 6 May 2021
- Posted by: Alan Feldberg
- Category: News
CAPS has reported that both unique claims and supply chain transmissions are now higher than they were across the CAPS platform in the first week of November 2020 Unique claims rose nine per cent last week and are now 101% of what they were before the second lockdown, while supply chain transmissions increased by [...] -
Volumes three quarters of 2019 levels
- 6 May 2021
- Posted by: Alan Feldberg
- Category: News
Trend Tracker has reported that April repair volumes were 73% of 2019, up from 70% in March and 325% higher than April 2020 However, this is five per cent lower than predicted, meaning Trend Tracker has adjusted further predictions to 80% in May, 82% in June, up to 85% by July These figures are based on data [...] -
CAPS reports significant volume increase
- 27 April 2021
- Posted by: Alan Feldberg
- Category: News
CAPS has reported a sharp rise in both unique claims and supply chain transmissions in the week ending 24 April It found that unique claims rose eight per cent on the previous week, while supply chain transmissions enjoyed double-digit growth, increasing by 10% on the last seven days The new figures are now 92% [...] -
Claims on the rise as lockdown eases
- 21 April 2021
- Posted by: Alan Feldberg
- Category: News
The latest CAPS Consortium collision repair industry report for the week ending 17 April shows an increase of 5-7% respectively on the previous week The new figures are 82% for unique claims and 94% for supply chain transmissions, and are measured against the peak of claims recorded across the CAPS platform in the [...]