Claims exchange data shows six per cent rise

Claims exchange volumes have risen by six per cent according to the CAPS Claims Volume Analysis for week ending 13 March 2021.

Measured against the exchanged peak of 07 November 2020 unique claim exchanges stood at 82% – six per cent up on the previous week’s static figure of 76%.

In parallel, supply chain transmissions showed a six per cent increase reaching 91% from the previous week’s figure of 85%. It’s the fourth consecutive week supply chain tranmissions have increased.

The data comes off the back of a return to school for all age groups across England on 8 March.

Regionally, for the fourth consecutive week, the South West continued its claims exchange volume increase with East of England, East Midlands, Greater London, North East, Northern Ireland South East, Wales and West Midlands all showing signs of improvement.

Meanwhile, for the fifth consecutive week Scotland showed a decrease in claims exchange numbers with the North West and Republic of Ireland also showing reduced volumes.

The CAPS data highlights unique claims – a claim that is initiated and exchanged for the first time within the CAPS system aswell as Supply Chain Transmissions – the Unique Claim plus any additional transmission on the same exchanged claim.