THE UK’S ONLY CENTRALISED DATABASE FOR PET INSURANCE CLAIMS, ALLOWING INSURERS TO MANAGE RISK MORE EFFECTIVELY.
CACHE Pet is easy to integrate with insurers’ back office claims systems and in-house data. Accessible via batch, A2A or web browser, insurers can populate and search the database in real time or by overnight batch.
What makes CACHE Pet different?
Claim anomalies, serial claimants, pre-existing conditions, non-disclosure and misrepresentation of information: while insurance companies are increasing the supply of pet healthcare policies, the opportunity for fraud isClaims anomalies, serial claimants, pre-existing conditions, and non-disclosure and misrepresentation of information: while insurance companies are increasing the supply of pet healthcare policies, the opportunities for fraud are also on the up.
That’s why CRIF has developed CACHE Pet.
The industry database for pet insurance claims allows insurers to manage risk more effectively, create a claims profile and history for any claimant, enrich the claims lifecycle, reduce fraud loss, and improve customer perception and insurer reputation.
What are the benefits for insurers?
- Creation of a full claims profile of the claimant, including pre-existing pet conditions, across multiple business lines and information sources
- Reduction in the claims lifecycle by fast tracking genuine claimants
- Operational savings due to accurate and comprehensive data analysis
- Improved customer satisfaction, supporting the genuine customer, vet and insurer thanks to a holistic view of pet insurance claims and the parties involved.
DATA AND INSIGHTS TO EMPOWER YOUR ANTI-FRAUD STRATEGIES.
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CRIF is a leading provider of pet insurance solutions in the UK. It developed the first centralised pet insurance claims database, CACHE Pet, and Sherlock Detection to provide pet insurers with innovative fraud detection tools.
Products and Services
Sherlock Detection for pet insurers
Sherlock Detection is an automated fraud detection tool which rapidly risk assesses every claim, to help pet insurers prevent, manage and detect fraud swiftly and efficiently.