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.
Paris, Boston & London, 16 February, 2021
Shift Technology and CRIF Collaborate in the Fight Against Insurance Fraud
MIB CUE Members Will Be Able to Access Fraud Intelligence Data from CRIF’s Sherlock Service To Strengthen Shift Claims Fraud Detection Analysis. Shift Technology today announced it has collaborated with CRIF Decision Solutions Ltd.
Dublin, 10 February 2021
Interview with Sara Costantini on the Business Barometer: Annual Review 2021. Insights, vision and business impacts.
The 'Business Barometer: Annual Review 2021' highlights the impact of the pandemic on the Irish economy over the past twelve months. Statistics collated and analysed by CRIF Vision-net paints a picture of the business environment in Ireland at the moment as well as what to expect going forward. Sara Costantini, Regional UK & Ireland Director, provides her view on the future business landscape in both the UK and Ireland.
VIRTUAL, 3 March 2021, 10:00 am (GMT) | 11:00 am (CET)
WEBINAR: FinTech Meets InsurTech: An Unprecedented Alliance in SME Financial Services.
This free webinar will focus on an unprecedented alliance: When FinTech meets InsurTech. For the first time ever, banks and insurance companies will be able to empower their SME customers by providing them with retail-like personalised services and a seamless customer experience.
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.