25/09/24
Findings from the IBCCC’s 2023 Annual Data Report
We have synthesised notable findings, as well as recommendations, from the IBCCC’s report.
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Compliance, simplified. Stay ahead of regulatory changes and gain valuable insights, without the added cost pressure. Get started in minutes.
Complying with growing obligations is onerous. Curium makes it simple and cost effective to fulfil your obligations with the latest compliance frameworks, reporting e.g. ASIC formats, tools and training to raise your compliance culture.
Staying compliant adds significant manual overhead. Curium’s workflow automation and reporting reduces the time and cost of compliance by up to 70%, allowing you to focus on growing your business.
Do you have control over the risks to your business? Curium empowers you with real time data, insights e.g. 48 hour GICOP breach notifications, and early indicators of gaps to de-risk your business.
Lodgement of a claim is a stressful process for your customers. Make it easier for your customers with a simple, intuitive and consistent experience between products and insurers.
The average broker works with several insurers with varying lodgement experiences. Curium allows you to automate and customise all lodgement templates irrespective of product or insurer, saving up to half of your team’s time out of the gate.
Lodgement workflows are inflexible and expensive to change today. Curium gives you full control to configure any workflows – add products, insurers, team members with no additional cost or technical expertise.
Say no to expensive, static software and long implementation times. Curium enables you to configure and set up any product or workflow out-of-the box while keeping costs low.
Are you able to accurately measure the true cost of claim management? Without accurate data, likely not. Curium’s structured data and automation provides access to real-time data for every claim touchpoint.
70% of compliance breaches occur in claims! Curium provides real-time reporting on breaches, automated workflows and status updates that help you stay ahead of issues that impact your business.
Simplifying compliance for family owned business insurance specialists
“Curium is a cost effective solution that not only helps us fulfill our obligations in a simple way but also captures indicators of certain gaps in the business to deliver better customer experience.”
Monique Logan, GM
Helping a leading trade credit insurance broker to gain full visibility of compliance.
“We’ve moved from a reactive to a proactive compliance posture. Now, I have complete peace of mind knowing we’re actively addressing potential threats and maintaining strong compliance across the board.”
– Director
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