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 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.
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.
London, July 19, 2018
CRIF has been shortlisted for the Combatting Fraud - Collaboration of the Year Awards 2018
CRIF Decision Solutions and RSA Insurance Group are competing together to win this year’s award given by Insurance POST. We believe in collaboration between organisations in the area of fraud detection and prevention, and have always been committed to leveraging true and fruitful partnerships to succeed in identifying and mitigating fraudulent activities.
London, July 4, 2018
CRIF sponsors the 2018 British Insurance Awards
On July 4, CRIF took part in the British Insurance Awards, one of the most popular and spectacular events for the whole insurance community, descending on the Royal Albert Hall for a memorable networking evening.
London, October 5, 2018
CRIF at the Insurance Fraud Awards 2018
CRIF will sponsor the Insurance Fraud Awards and compete for the Combatting Fraud - Collaboration of the Year Awards 2018. Championing the industry's fraud fighters, this event rewards the UK's top fraud fighters of the general insurance market, and those at the forefront of tackling and preventing insurance fraud.
Royal Albert hall, London, July 4, 2018
The 24th British Insurance Awards 2018