Claims exchange volumes dropped by -15% last week (week ending 6 February) according to CAPS Claims Analysis Report.
Unique claims – those claims initiated and exchanged for the first time within CAPS – reduced from 87% (week ending 30 January) down to 72% (week ending 6 February). At the same time supply chain transmissions – the unique claim plus any additional transmission on the same exchange – dropped by -16%, from 96% (week ending 30 January) to 80% (week ending 6 February).
The fluctuations were the biggest witnessed since the second week in January.
Figures are measured against an exchange peak week ending 7 November 2020.
Regionally, Greater London and the North East were the two regions to witness an uplift in claims exchange volumes while the Republic of Ireland, the west midlands and Wales showed significant reductions in claims exchange volumes.
Click below to download the full report: