General Insurance
CRIF for insurance companies
Within the insurance market there are a wide variety of issues that insurers face. These include an increase of fraud at all stages of the insurance lifecycle, cost rationalization, and access to impartial tools which insurers can use to set internal targets. Also the concept of sharing information to combat fraud and reduce insurers’ operational costs has gained more and more importance. In order to support insurance companies in their objective of operating a profitable business and improving knowledge of their customers, CRIF provides solutions for more accurate profitability assessment and anti-fraud management at the key stages of the process: quotation, underwriting, claims handling and fraud detection.
Discover the best solutions for your needs:
Point of Quote and Underwriting Optimisation
Help ensure that the correct risk assessment is undertaken at a very early stage of the insurance lifecycle, safeguarding both the customer and insurance provider.
Data enrichment and accurate risk assessment at Point of Sale
Data enrichment is a powerful risk selection and fraud detection tool, which when used effectively can reduce operating cost ratios and allow insurers to price keenly, gaining a competitive advantage over their peers.
Enhance your cyber insurance offer & increase your revenue streams
Easily and quickly assess cyber risk, and highlight the vulnerabilities of any business clients to tailor your cyber insurance cover.
Leverage Open Banking to deepen your relationship with SME clients
Enabling you to access Open Banking while supporting your SME clients with a powerful & innovative complimentary service.
Speed up your digital transformation
Improve your customer experience and generate a fast and continuous innovation process with open collaborative platforms.
Boost your business with end-to-end digital insurance solution
Digital Booster is the digital insurance platform that accelerates and diversifies your insurance products in just a few months.
Claims fraud detection
Assessing risk in order to reduce exposure by accurately identifying risks and automatically detect cases where further investigation is required at the claim stages of the insurance lifecycle.
Counter-fraud intelligence services to speed up investigations
Automatically detect existing and uncover previously unknown cases of fraud in order to reduce exposure to organised and opportunistic fraud. Gain a complete picture of the types of connections amongst subjects across all lines of business.
Resource Library
Access our latest white papers, researches, articles, and more covering a wide range of topics like insurance fraud, claims management, industry trends, and compliance issues.
Resources & White PapersNews
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London, 26 May 2022
New open banking-powered invoice financing service launches to support businesses during tough economic times, and help more to get paid instantly
More UK small and medium-sized businesses (SMEs) will be able to get their invoices paid instantly, better manage their cashflow and improve their overall creditworthiness.
The innovation has been made possible through a new partnership, combining invoice finance provider Penny’s instant payment services with CRIF’s market leading credit scoring solution. The collaboration draws on CRIF’s expertise as a global leader in open banking solutions to bring its full power to the world of invoice financing. -
London, 14 March 2022
CRIF works with RSA to strengthen pet insurance fraud detection
CRIF Decision Solutions [CRIF] has announced that it is providing RSA Insurance [RSA] with a suite of pet insurance solutions to strengthen its pet insurance fraud detection and reduce the cost of fraudulent pet claims.
Events
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Business Design Centre, London, 20 October 2022
CRIF exhibits at Open Banking Expo UK 2022
Open Banking Expo is a global community of Open Banking and Open Finance executives responsible for digital transformation across the financial services sector. CRIF will be showcasing their new suite of open banking and digital solutions that are already helping businesses make the most of their data in the UK and in Europe.
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London, Park Plaza Riverbank
CRIF nominated for multiple Open Banking Expo Awards 2022
CRIF is pleased to announce that the team will be attending the Open Banking Expo awards ceremony in London. The Open Banking Expo awards, taking place at Park Plaza Riverbank on July 7, recognise and honour the global visionaries and innovators of digital transformation within financial services.
Events worldwide