Claims volumes dip by -5%

ILC ARTICLE

31st March 2021

Claims exchange volumes dipped by five per cent for week ending 27 March 2021, according to the CAPS Claims Analysis Report.

The reduction in volumes follows a steady rise since week ending 20 February which saw unique claims exchange volumes increase from 74% to 85% week ending 20 March. The latest figure now stands at 80%.

Supply chain transmissions witnessed a one per cent increase, moving from 89% to 90%.

The figures are measured against the exchanged peak, week ending 7 November 2020.

The reduction in volumes was evident across most regions with Northern Ireland and Republic of Ireland being the exceptions.

Kevern Thompson, commercial manager of CAPS, said, “As we approach the Easter weekend, it will be the analysis week ending 10 April where we may see some improvement in parallel with lockdown restrictions easing across the country.”

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