Life Insurance

Streamline risk management

information sharing and compliance with FCA reporting regulations

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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 unethical 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.

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

  • Insurance and Banking. Challenges and synergies

    On February 14, Sara Costantini, Managing Director of CRIF Decision Solutions UK & Ireland, presented a webinar on the differences and synergies in the insurance and banking industries in collaboration with IFC - International Finance Corporation.

  • Chester le Street, February 13, 2019

    CRIF exhibits at the NERN event

    On February 13, 2019, CRIF Decision Solutions exhibited at the North East Referral Network (NERN) event held at the Emirates Riverside, Chester le Street. It was a good opportunity to interact with micro and small business and a select professional networking group. The NERN event focused on promoting the growth of individual businesses, and helping supply and demand to meet by extending the range of professional contacts and potential customers.

All

Events

  • Chester le Street, February 13, 2019

    CRIF at the NERN event

    On February 13, 2019, CRIF Decision Solutions will exhibit at the North East Referral Network (NERN) event held at the Emirates Riverside, Chester le Street. CRIF will present its offer dedicated to the SME market and its range of solutions for credit and cyber risk management, as well as the KYC suite for identity verification and AML due diligence.

  • February 14, 2019

    Webinar: Insurance and banking. Data sharing and synergies to prevent fraud

    Sara Costantini, Managing Director, CRIF Decision Solutions UK & Ireland will deliver a speech on the webinar organised in collaboration with IFC - International Finance Corporation,a sister organszation of the World Bank and member of the World Bank Group.

Other events in the UK
Events worldwide