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

  • London, November 5 and 6, 2018

    CRIF at the Insurance Innovators Summit 2018

    What are the disruptive forces in the UK insurance industry? What are the most innovative aspects of the insurance ecosystem? How is it possible to leverage information to structure new insurance and customer-centric models? CRIF attended the Insurance Innovators Summit 2018 to hear interesting debates and speeches delivered by a panel of industry experts and learn more about what’s really happening in the insurance industry today.

  • November 2, 2018

    CRIF at the Broker Expo 2018

    CRIF exhibited at the Broker Expo, held in Coventry on November 1. It was an opportunity to meet over 900 insurance brokers, cultivate important business relationships with new potential partners and present new products and services, in particular for cyber risk management and data enrichment.

All

Events

  • QEII Centre, London, 5-6 November 2018

    Insurance Innovators Summit 2018

    CRIF will attend the Insurance Innovators Summit, the Europe’s leading general insurance conference.

  • Coventry, November 1, 2018

    Broker Expo 2018

    CRIF will exhibit at the Broker Expo, which will take place on November 1 at Ricoh Arena, Coventry. Come to our stand #50 to know more about our new products and services.

Other events in the UK
Events worldwide