Pet insurance fraud management
The first suite of counter fraud services in the UK: from the pet claims database to AI-driven fraud detection tools.
Empower your anti-fraud strategies
Data and insights: only 3 seconds to investigate 100% of your claims and identify hidden fraudulent connections.
Unmask fraud & improve your performance
Get a holistic view of the pet insurance claim and the parties involved, supporting genuine customers.
CRIF for the Pet insurance industry
The pet insurance market continues to represent significant growth opportunities for insurers. The pet population in the UK stands at around 57 million with an estimated 40% of households owning a pet. According to figures from the ABI only 30% of the 8.5 million dog owners and just 16% of the 7.5 million cat owners are thought to have pet insurance and these insurance statistics do not take into account smaller furry animals such as rabbits or more exotic pets such as snakes.
The chance for agile insurers to increase their market share is undeniable. But there are some challenges to overcome in order to achieve profitable growth.
In the last few years, the CRIF team has been focusing on the pet market, developing the UK’s only centralised database for pet insurance claims database (CACHE Pet) as well as Sherlock Detection to provide pet insurers with an innovative fraud detection service.
Data and insights: only 3 seconds to investigate 100% of insurance claims and identify hidden fraudulent connections.
CACHE Pet and Sherlock Detection enable insurers to share pet insurance claims data to help detect and prevent pet insurance claims fraud, reduce claim lifecycle by fast tracking genuine claimants, and automatically identify suspicious cases for further investigation as well as reject fraudulent claims before they are paid out.
This allows Pet insurers to have a holistic view of the pet insurance claim and the parties involved, supporting the genuine customer, vet and the insurer.
What can insurers do to detect and prevent pet insurance claims fraud?
Pet Claims Insurance Bureau
The first pet insurance claims database providing a holistic view of the claimant and their claims history, including pet pre-existing conditions.
Pet Insurance Fraud Detection
AI-driven risk assessment solution to empower your anti-fraud strategies by automating fraud detection and improving claims investigations.
WHAT ABOUT PETS AFTER LOCKDOWN? Episode 1
Is your pet suffering frompost-lockdown “separation anxiety”? How can separation anxiety be treated and prevented? What about international travel and quarantine.
News, and expert opinions on the world of pets.
WHAT ABOUT PETS AFTER LOCKDOWN? Episode 2
Coronavirus. Do dogs sniff out COVID-19 faster than tests? Do you have a COVID-19 plan for your pet? Has your pet been in contact with a person infected by the coronavirus and needs treatment? Spike in adoptions and foster applications. What about after the pandemic?
Tips and news on the world of pets.
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.