Kennedys IQ scoops award win

Contact: Karim Derrick, Kimberley Davies

22-09-23

Kennedys IQ and the AA’s impactful industry collaboration was recently acknowledged at the Insurance Times Tech and Innovation Awards 2023.

The Bronze Award for ‘Technology Partner of the Year – Claims’, was awarded for the innovative work between The AA and Kennedys IQ’s ‘Recovery Manager’ –  a solution which is part of the Kennedys IQ Platform that enables clients to pursue debt without requiring a lawyer, saving them time and money. The online portal generates letters and court documents designed to trigger a response from insurers to settle the debt faster.

The story behind this achievement is one of transformative partnership. It underscores the synergy between technologists, claims experts and lawyers. Our collaboration with the AA, epitomises the potential of technology in reshaping the legal and insurance landscape.

Richard West, Partner and Global Head of Client Innovation comments, “We’re proud to be at the forefront of delivering disruptive technology solutions that bring commercial success for clients. Our legal, industry and technological know-how means we are ideally placed to inform their strategies and our partnership with The AA is testament to that”.

The partnership between the AA and Kennedys IQ demonstrates how to achieve the best outcomes through the merging of technology, data and strategic support.

John Turnham, Head of Damage Claims at The AA adds, “The use of Recovery Manager has helped us get noticed in the market and expedite claim settlement. It really is a first-class solution for us to reduce legal fees on claims so we can continue to grow our business.

Thank you and congratulations to our dedicated team members, partners, and stakeholders: this award is a reflection of our collective efforts. We look forward continuing to inspire, innovate, and set new standards in the intersection of law and technology.

 

 

Related news and insights

Enhancing claims reserving with SmartClaim

Enhancing claims reserving with SmartClaim

Setting an appropriate reserve for insurance claims is a critical aspect of claims handling. While it’s common for claims handlers to establish a standard reserve based solely on the injury as described in the Claim Notification Form (CNF), there are additional factors to consider for a more accurate reserve assessment. In this article, we explore the significance of accurate reserves and the potential consequences of even a minor under-reserve.

read more