Sequel Claims wins 2016 ACORD Case Study Award for Business Improvement

Sequel was this year’s recipient of the ‘2016 ACORD Case Study Award – Business Improvement’ for Sequel Claims, having been recognised for an outstanding contribution to the insurance industry. The awards ceremony was held in Boca Raton, Florida.

The ACORD awards are recognized throughout the worldwide insurance industry, and are presented to those organizations and individuals which have demonstrated exceptional achievements in ACORD implementations in the past year.

The ACORD award for Sequel Claims highlights the fact that claims are firmly back on the strategic agenda for the global insurance market. Customers are seeking a world-class claims service at the same time as the market is contending with ongoing regulatory and cost pressures. ‘More for less’ in claims has become the mantra for many market participants. This demands a rethink of old ways of working, investment in new technology and a clear vision from leadership as to how the claims function can best add value.

Sequel Claims is a leading-edge web-based claims management application which supports carriers’ and brokers’ claims management process end-to-end, and it was built to address industry problems including double entry, slow processing of claims, poor claims workflow management, tracking and analysis. The inclusion of ECF Write Back is a key differentiator for Sequel Claims, as it allows companies in the London Market to interface directly with London’s central claims bureau, providing a seamless system for claims.