CRIF
CRIF Decision Solutions Ltd., a CRIF Group company, provides information services, and open banking and digital solutions for the UK financial sector to support decision management, consumer profiling, fraud prevention and digital transformation. It is also the outsourcer appointed by Claims Portal Ltd. to operate the RTA, EL and PL portal.
CRIF Decision Solutions Ltd. has been supporting the UK insurance industry for over 25 years and is a provider of the Claims and Underwriting Exchange Register (CUE).
CRIF is a global Fintech company specialising in the development and management of credit bureau services, business information systems and credit solutions. Established in 1988 in Italy, CRIF has an international presence, operating across four continents (Europe, America, Africa and Asia) and supporting over 10,500 banks, 600 insurance companies and more than 82,000 business clients in 50 countries.
All content by CRIF
Making the complex simple: Smart claims fraud detection
Reducing fraud losses is a high priority for insurers, with the market recognising they must contain fraud as a ‘managed risk’. But how can insurers work smartly to detect claims fraud? This article sheds light on how claims fraud indicators can be grouped into four main areas to improve detection.
Pet insurance – A growth opportunity
The UK is renowned as a nation of dog and cat lovers, yet according to the ABI, only 23% of dogs and cats owned by households in the UK are covered by pet insurance. This article highlights how this low penetration represents significant opportunities within the pet insurance sector.
Using data to gain competitive advantage at point of quote – don’t follow the flock
Across the insurance industry, point of quote data checks are increasingly used to ensure the correct risk assessment is undertaken. This article highlights how insurers can leverage data enrichment techniques as part of their underwriting strategy and outperform the competition.