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 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

  • Bologna, Italy, October 2, 2019

    CRIF is ranked once again among the top 50 FinTech companies on a global scale in 2019

    CRIF was cited in the prestigious IDC rankings for the seventh year running, classified in 50th place on an international level. Now in its sixteenth edition, the IDC FinTech Rankings assess the main global technology suppliers for the financial sector based on revenues achieved in the previous calendar year in relation to hardware, software and services.

  • Manchester, 26 September 2019

    CRIF exhibits at the PI Futures Conference 2019

    Over 200 leaders and managers from UK law firms attended the PI Futures Conference 2019 organised by Legal Features, which showcased a programme of conference sessions including high profile speakers and panellists from the legal sector.

All news

Events

  • October 23, 2019

    CRIF Cyber Safe Day

    On 23rd October, during CRIF Cyber Safe Day, CRIF will be offering a FREE cyber risk scan to any UK-based company. Start getting cyber risk under control now!

  • The Brewery, London, October 3, 2019

    CRIF sponsors the Insurance Fraud Awards 2019

    CRIF will sponsor the Insurance Fraud Awards 2019, which attracts around 450 guests from over 124 different companies. The Insurance Fraud Awards are truly a fantastic night for the insurance community championing the industry's fraud fighters.

Other events in the UK
Events worldwide