TIW created an automated system to enable commercial motor insurer Tradex Insurance to extract and upload accurate and timely data to the Claims and Underwriting Exchange (CUE), the national anti-fraud database operated by the Motor Insurers’ Bureau
Commercial motor insurer Tradex Insurance wanted to create an automated system to enable it to extract and upload accurate data to the Claims and Underwriting Exchange (CUE), the national database set up by the Motor Insurers’ Bureau in 1994 for insurers to share information and help stop insurance fraud.
As a UK motor insurer uploading accurate and up to date data to CUE supports industry efforts to combat insurance fraud.
TIW was asked to provide a solution for the business. Following an initial review TIW designed, developed, tested, and successfully deployed into production an automated service. The build included a solution that identified any anomalies and poor-quality data, enabling Tradex to address any issues either manually on a case-by-case basis, or as part of a more systemic fix by revisiting and updating their business processes.
TIW created an automated system to enable commercial motor insurer Tradex Insurance.
System extracted and uploaded accurate and timely data to the Claims and Underwriting Exchange (CUE), the national anti-fraud database operated by the Motor Insurers’ Bureau
Sarb Lota, Chief Information Officer, Tradex Insurance:
“TIW’s professional and pragmatic approach enabled us, together as a team, to develop a well-designed application on time and on budget.”
Tradex Insurance now has a fully automated process for the extraction and reporting of data for its CUE submissions.
The new automated system not only saves the insurer and its team time, but it can be assured that all the CUE data is accurate, reliable and timely.
This project means that Tradex is now fully supporting the insurance market’s initiative operated by the MIB to combat insurance fraud at both the underwriting and claims stage.
