Insurance is full of surprises, but few are as wild as that story about the “bear” turning out to be a furry imposter to fake a car insurance claim. It’s a perfect metaphor for risk: sometimes it’s a full-on grizzly, but other times it’s just a guy in a bear suit – and you’d better know which one you’re dealing with.
In today’s market, getting it wrong can mean disaster. That’s where we come in: we’re the solution that equips underwriters with the tools they need to be sharp-eyed rangers who spots the zipper on the bear suit before anyone panics.
Here’s how idFusionTM makes sure you’re always ready for the real risks:
Identification Is that a bear? A guy in a costume? A fraudster disguised as a perfectly good policy? idFusion helps you tell the difference.
Assessment Once the “bear” is spotted, idFusion lets you dig deeper. How much damage could it really cause? Do we need a tranquilizer or just a picnic basket?
Mitigation No waiting around to find out – idFusion lets you define the in-transaction intervention that happens before the “Bear” (real or fake) can wreak havoc on your bottom line.
The simple fact is that not all threats are what they seem, but every risk anomaly deserves a closer look and if necessary active interaction with the customer. Before the risk is taken. With VeracityID can help you understand what you’re dealing with and do something about it before it gets into your book – whether it’s a grizzly, a prankster, or something in between.
Ready to unmask risk and take control? Let’s talk about how VeracityID can keep your underwriting and claims game sharp. No fake bears allowed.
