CAPS reveals 16% uptick in claims volumes

ILC ARTICLE

8th October 2020

CAPS – the Common Automotive Automotive Platform Standard – has highlighted a 16% uptick in claims volumes for the month ending September with volumes at 73%.

September’s increase is the second largest to date month-on-month with a 16% uplift from August which saw the market retract by seven per cent on July.

The south east of England is showing signs of greatest claims volumes with little under 70,000 exchanged, whilst the east of England represents the lowest volume at around 7,000.

The largest month-on-month increase in claims came in June when it rose by 25% over May.

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