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
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.
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.
Point of Claim
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.
Fraud Investigation
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.
News
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CRIF interviewed by POST: data's impact on pet insurance
Sara Costantini, Director at CRIF Decision Solutions Ltd, discusses with Post commissioning editor Cecile Brisson how data could revolutionise the pet insurance market. A holistic view of the customer is instrumental in cutting costs, adapting service and setting premiums, she argues, noting that telematics and databases have already profoundly changed the motor sector.
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London, August 3, 2017
RDT integrates its centralised rating platform with CRIF
INSURTECH innovator RDT has integrated its software with CRIF, giving insurers access to even more of their customers’ claims history at point of quote and first notification of loss.
Events
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London, October 5
CRIF sponsors the Insurance Fraud Awards 2017
CRIF Decision Solutions Ltd with sponsor the Insurance Fraud Awards 2017, at the awards ceremony which is to be held at The Brewery, London on October 5th.
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Royal Albert Hall, London, July 5, 2017
The British Insurance Awards 2017
CRIF Decision Solutions Ltd. will be sponsor at the British Insurance Awards at the Royal Albert Hall on July 5th.
Events worldwide