Innoira
    PPI Claims Verification for a Retail Banking Institution
    Banking
    RPA

    PPI Claims Verification for a Retail Banking Institution

    Case Study

    Overview

    The bank automated its PPI (Payment Protection Insurance) claims validation process to meet UK FCA deadlines and ensure accurate tracing.

    BUSINESS CHALLENGES

    • 17 external claims management agencies submitting daily files
    • Advisors manually scanned hundreds of pages
    • High risk of human error and slow processing

    SOLUTION IMPLEMENTED

    • Digital Workers search all records to identify customers
    • Automated "No Trace" letters and notifications
    • Full archive checks for customers with potential PPI history
    • Automated case creation and customer communication

    Impact Delivered

    103%
    Accuracy
    Improvement in accuracy
    67,000+
    Hours Saved
    Saved yearly
    2x
    Processing Speed
    Faster than FCA service-level requirements
    17
    Agencies Handled
    External claims management agencies

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