Streamline risk management
information sharing and compliance with FCA reporting regulations
CRIF for life insurance companies
CRIF provides the life insurance industry with information solutions and qualified support to mitigate potential risks, and optimise information sharing. By validating and monitoring the entire lifecycle of their business relationships with individual IFAs, supporting confidence, transparency and efficiency in relation to commission credit and debt, life insurance companies can identify IFAs who may systematically target multiple insurers in order to commit commission fraud and IFAs who may repeatedly require extensive and long-term commission credit due to financial instability.
This in turn protects insurers from reputation risk, assists them in realising their TCF (treating customer fairly) objectives and supports mutually beneficial relationships with their IFA partners.
Discover the best solutions for your needs:
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.
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.
Paris, Boston & London, 16 February, 2021
Shift Technology and CRIF Collaborate in the Fight Against Insurance Fraud
MIB CUE Members Will Be Able to Access Fraud Intelligence Data from CRIF’s Sherlock Service To Strengthen Shift Claims Fraud Detection Analysis. Shift Technology today announced it has collaborated with CRIF Decision Solutions Ltd.
Dublin, 10 February 2021
Interview with Sara Costantini on the Business Barometer: Annual Review 2021. Insights, vision and business impacts.
The 'Business Barometer: Annual Review 2021' highlights the impact of the pandemic on the Irish economy over the past twelve months. Statistics collated and analysed by CRIF Vision-net paints a picture of the business environment in Ireland at the moment as well as what to expect going forward. Sara Costantini, Regional UK & Ireland Director, provides her view on the future business landscape in both the UK and Ireland.
VIRTUAL, 3 March 2021, 10:00 am (GMT) | 11:00 am (CET)
WEBINAR: FinTech Meets InsurTech: An Unprecedented Alliance in SME Financial Services.
This free webinar will focus on an unprecedented alliance: When FinTech meets InsurTech. For the first time ever, banks and insurance companies will be able to empower their SME customers by providing them with retail-like personalised services and a seamless customer experience.
VITUAL, November 17, 2020
CRIF sponsors the British Insurance Awards 2020
CRIF will sponsor the Customer Care Awards at the 2020 British Insurance Awards organised by Insurance POST. This year more than ever, businesses need to refocus on customer care. CRIF believes that during this unprecedented situation, which has caused a high level of pressure and disruption, insurance companies must commit to finding new ways of putting their customers at the heart of what they offer.