You can’t always price right 
The storm exposes the risk. But are you ready for it? 
Auto insurance risks are changing rapidly; to survive, carriers must get far better at picking risks 
Workers comp: The ‘Volunteer’ 
Class code chicanery 
There are six critical points where excess insurance risk can be mitigated – but you must focus on them all 
The digital market is here, you need digital armor to compete 
Workers Comp: Lowballing Headcounts 
Pick the risks you want, skip the ones you don't
Automated Risk Selection and CX Solutions for P&C Insurers
Undermanaged Risk
Loss Ratios
Business You Want
IT Resources
Costs
Superior Risk Selection Throughout the policy lifecycle
Pick the risks you want, skip the ones you don't
Automated Risk Selection and CX Solutions for P&C Insurers
Superior Risk Selection Drives Profitable Growth
Accelerate Innovation at point of sale in minutes, not months
Automated Risk Selection and CX Solutions for P&C Insurers
respond to market change ın mınutes, not months
Escape the P&C boom and bust cycle
Automated Risk Selection and CX Solutions for P&C Insurers
Superior Risk Selection Drives Profitable Growth
Accelerate Innovation at point of sale in minutes, not months
Automated Risk Selection and CX Solutions for P&C Insurers
Carrier business teams detect & reduce fraud and excess risks at Point of Sale, Endorsement and Renewal
Carrier business teams systematically micro-target risk to drive loss ratios down.
Composable solutions at POS designed, tested, deployed and modified by non-specialist business users.
Micro risk targeting & filtering lets carriers find more good business in any channel, any market.
Better risk selection at POS reduces costs across the policy lifecycle
Pick the risks you want. Skip the ones you don’t.
Every customer is unique, every interaction an indicator of risk and reward. But only if you can read the signals and respond to the many exceptions and workflow variations they drive.
VeracityID gives your business teams powerful tools to build countless solutions to these opportunities in minutes, not months. Solutions that complement carrier core systems without requiring IT.
Now you have a choice.
Features That Deliver Value From Day One
How it works
Discover
Fuse customer and agent data into lifecycle views of individual and book performance, events and risks
Book studies signal risk trends and opportunities by geography, channel, customer/agent attribute, and more
Customer and Agent attributes, behaviors and history are fused together to drive unique views of individual policy risk
Social Network Analytics are used to identify suspicious connections and emerging fraud networks
CREATE
Business users can create, test and deploy micro-targeted CX and risk selection workflow without IT resources
When elevated risk is detected, micro-targeted rules and interventions engage customers and agents in highly focused virtual underwriting interaction.
When an attractive risk is detected, idFusion can be configured to offer additional features and benefits designed to increase close rates.
OPERATE
Rapidly adapt to changing market conditions across channels, geographies, writing companies and market segments
Business users can now detect, analyze and rapidly develop solutions to challenges as they emerge—allowing them to target exponentially more opportunities with an increasingly fine segmentation of risks and CX
THE RESULT?
BETTER LOSS RESULTS AND A HIGHER CONVERSION RATE.
IDFUSION focuses the entire organization on what matters
Enhanced Customer Data for Claims and SIU
Delivers POS information to adjusters and investigators at point of claim, including complete record of lifecycle behaviors, images, claims, analytics, attests and records.
COMMON VIEW OF CUSTOMER ECONOMICS
Delivers detailed economic analysis of returns by customer, channel, market, agent, writing company and more. Enables ‘how many how much’ new rule valuation using the existing book.
EASILY COLLABORATE BETWEEN TEAMS AND DEPARTMENTS
Embeds claims and SIU Insights into underwriting and fraud prevention at POS. Enables seamless solution sharing across geographies, channels and writing companies.
IT Force Multiplier
idFusion’s powerful self-service solutions building tools “Liberate” scarce IT Resources so they may focus on strategic initiatives.
idFusion unites the entire organization around the "Power of Now"
- A complete, common customer data view
- Common analytical tools
- User composed (no programming)
- Designed for real time decisions and intervention at POS
