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 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.
Bologna (Italy), October 23, 2020
For the 8th year CRIF named to prestigious top 100 IDC FINTECH rankings
CRIF is ranked #52 on the 2020 IDC FinTech Rankings. This 17th annual vendor ranking represents the leading hardware, software and service providers to the financial services industry from around the world. It’s the 8th consecutive year that CRIF is ranked among the Top 100 fintechs at global level.
October 1, 2020
A step forward for CRIF and Elixir Intelligence in supporting leading UK life insurers
CRIF is pleased to announce the signature of a new agreement with Elixir Intelligence. The Elixir project was developed by CRIF in 2000 to enable a community of life insurers to use the system to validate and monitor the entire lifecycle of their business relationships with individual IFAs, supporting transparency and efficiency in relation to commission credit and debt.
VITUAL, November 17, 2020
CRIF sponsors the British Insurance Awards 2020
CRIF will sponsor the Customer Care Awards at the 2020 British Insurance Awards organised by Insurance POST. This year more than ever, businesses need to refocus on customer care. CRIF believes that during this unprecedented situation, which has caused a high level of pressure and disruption, insurance companies must commit to finding new ways of putting their customers at the heart of what they offer.
November 4-26, 2020
CRIF at Insurance Innovators - Digtal Summit 2020
More than 100+ international speakers and 2000+ attendees will come together to debate new ideas, unpack the latest trends, set agendas and build collaborative partnerships. CRIF will be part of the community shaping the future of insurance.