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

  • Royal Albert Hall, London, July 10, 2019

    CRIF sponsors the 25th edition of the British Insurance Awards

    On July 10, CRIF took part in the British Insurance Awards, the most prestigious awards in the UK insurance calendar, shining a spotlight on the companies that are embracing innovation and successfully transforming the world of insurance.

  • Kiev, June 18-19, 2019

    CRIF sponsors the Ukraine Credit Reporting Conference

    The International Finance Corporation (IFC), a member of the World Bank Group, invited CRIF as a leading player in the credit reporting industry to join its Regional Credit Reporting Conference. Sara Costantini, UK and Ireland Regional Director at CRIF, delivered a speech titled: Insurance and Banking. Cross-industry data sharing for customer risk assessment.

All

Events

  • Royal Albert Hall, London, July 10, 2019

    CRIF at the 25th British Insurance Awards

    Taking place at the magnificent Royal Albert Hall in London, the BIAs are the largest and most prestigious awards in the UK insurance calendar. It provides a spectacular occasion for the insurance community to come together and put the spotlight on the companies that are embracing innovation and positively transforming the world of insurance.

  • Stadium Of Light, Sunderland, June 13, 2019

    CRIF at the Show Your Mussel event

    CRIF exhibits at the Show Your Mussel event at the Stadium of Light! We will have the opportunity to meet hundreds of business...

Other events in the UK
Events worldwide