Management consultancy firm offers new facility for credit hire industry
Validus-IVC has launched a specialist claims analysis and settlement facility for companies receiving credit hire and repair claims and has estimated that it could make annual savings of over £150m for motor insurers, solicitors and fleet operators by monitoring claims for impropriety, inaccuracies, process errors and fraud.
Validus’ expert credit hire claims analysis system, V-CAS, analyses claim facts. The system identifies when invoices require adjustment due to factors such as excessive car hire rates, prolonged
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