Product/s involved | Amount being claimed | Validated costs | Saving on claims spend | % Saving | Comments |
Servers & Networking Equipment |
£2,460,472.00 | £1,958,539.75 | £501,932.25 | 20% | Saving against insured's incumbent supplier pricing |
CNC Milling Machine |
£200,000 | £26,970.27 | £173,029.73 | 87% | Saving based on repair v replacement |
AGFA platesetter & Epson Printer |
£96,600 | £11,601 | £84,999.00 | 88% | Saving based on repair v replacement |
6 x Sunbeds | £102,000 | £29,000 | £73,000 | 72% | Saving based on repair v replacement |
Computer Equipment inc servers |
£95,593.46 | £27,943.31 | £67,650.15 | 71% | Repair v Replacement on smoke damaged equipment |
Powerscreen Chieftain inclined screens |
£86,000 | £18,604.78 | £67,395.22 | 78% | repair cost savings v replacement |
Star Lathe |
£126,000 | £65,000 | £61,000 | 48% | repair cost savings v replacement |
Fish Fryer |
£65,000 | £54,210 | £10,790 | 83% | repair cost savings v replacement |
2 x Diggers | £63,100 | £3,379.56 | £59,720.44 | 95% | malicious damage - repair v replacement savings |
Camera Lens |
£63,158.98 | £13,900 | £49,258.98 | 78% | repair cost savings v replacement |
Lift / Elevator |
£90,000 | £30,000 | £60,000 | 67% | repair cost savings v replacement |
Key cutting and engraving machine |
£74,964.88 | £23,089.02 | £51,875.86 | 69% | replacement cost savings v incumbent supplier |
Display Fridge |
£56,000 | £14,478 | £41,522 | 74% | replacement cost savings v incumbent supplier |
Xerox Copiers |
£187,069.82 | £145,914 | £41,155.82 | 22% | Replacement savings v incumbent supplier |
Robotic Arm |
£47,719.99 | £7,460.64 | £42,259.35 | 84% | repair cost savings v replacement |
Football Floodlights |
£45,000 | £9,782 | £35,218 | 78% | repair cost savings v replacement |
Laser Scanner |
£39,210 | £4,586.88 | £34623.12 | 88% | repair cost savings v replacement |
Equine X-ray |
£32,000 | £0.00 | £32,000 | 100% | wear and tear, no insured peril |
Barco Projector |
£35,000 | £3,750 | £31,250 | 89% | repair cost savings v replacement |
Telephone System | £75,633.92 | £45,153 | £30,480.92 | 40% | Replacement savings v incumbent supplier |
Laser Hair Removal machine |
£120,000 | £89,900 | £30,100 | 25% | Replacement savings v incumbent supplier |
John Deere Mower |
£49,989 | £19,995.60 | £29,933.40 | 60% | Savings based on indemnity costs |
Kobelco Excavator |
£59,500 | £29,750 | £29,750 | 50% | Savings based on indemnity costs |
Cryosauna |
£33,000 | £3,600 | £29,400 | 89% | repair cost savings v replacement |
Olympus Microscope |
£36,465 | £8,322.99 | £28,142.01 | 77% | Replacement savings v incumbent supplier |
Laundry Press Machines |
£31,500 | £3,750 | £27,750 | 88% | repair cost savings v replacement |
Cherry Picker |
£31,300 | £4,304.55 | £26,995.45 | 86% | repair cost savings v replacement |
High end Audio Speakers |
£25,000 | £0.00 | £25,000 | 100% | wear and tear, no insured peril |
Rack Mount Servers |
£65,332.52 | £41,683.49 | £23,649.03 | 36% | Replacement savings v incumbent supplier |
Laptop, iPad & CAD Software |
£22,215 | £778.99 | £21,436.01 | 96% | Replacement savings v incumbent supplier. Software can be reloaded, no need to replace |
Top 30 technology claim savings
Accreditation Agricultural apple Assess & Inspect AV Average fee Average savings Benefits Best validation reference point Beyond all reasonable doubt Care Catastrophic event CATS trade status Claim Lifecycle Claims handlers Claim spend savings Commercial technology Comparable sale quotes Computer Equipment cost Covid-19 Customer Satisfaction Damage Dedicated Consultant Diggers Drones Dual instruction Easy Easy to reach Efficient Electrical damage Empathy Engineers EPOS Exceed expectations Experience Fire Flood Fraud Fridge Good service Great service High Net Worth Incumbent Suppliers Informative Installation insurance Insurance Insurance companies Insurance fraud iphone iPhone iphone 15 iPhone 15 Knowledgeable KPI Laptops Lawn Mower Lift Looking after policyholders Macbook Major & Complex loss Manufacturer Relationship Microsoft Milling Machine Minimising Claim Spend Minimising stress Negotiation No more comparable sale prices Obscure Technology Obsolete technology Old technology Overspend Pandemic PCs phones Photocopier policyholder Policyholder Positioning Cats Positive Claims journey Positive feedback Positive Outcomes Pre-incident condition Printing Professional Project management Projector Questions Quick Quotes Recommended Recovering files Reducing Cost Repair repairs Replacement Retail Retrieval Reviews Samsung Savings Servers Service Value Settlement Speakers Speed Storm Sunbeds Surveying Equipment Swiftness Sympathy Taking ownership Technology Technology Claims Time Time Saving Training TV Types of Fraud Updated Validation Visual Equipment Vulnerable Why CATS Workshop