Redress Scheme – CRM

CMS has been engaged in a Redress Scheme where customers were miss-sold credit cards/policies by leading banks in UK. There was a need for a CRM application to hold a list of all customer details, including name, address and other information to identify the customer and to track progress through the communications exercise. The database will also hold a list of policies related to each customer, a list of transactions against a policy (including renewals and payments made by the customer) and a list of settlements (generally a claim or other credits) applied by one of the banks to a policy. There were 5 distinct phases to the exercise which follow data cleansing of circa 4.4M policy records.

• Phase Zero – Preparation
• Phase One – A PSL letter
• Phase Two – A vote form
• Phase Three – A Claim Form
• Phase Four – A Payment (Cheque printing) or letter