Reducing Rate Leakage
Social network analysis reveals evasion through “connections” between related persons, addressed and vehicles.
NWP Lost to Undisclosed Drivers in New Business
> 0 %
Average Cost Per Successful Rate Evasion Attempt
>$ 0
Challenge
Rate evasion frequently revealed in application behavior and policy history.
Solution
Fuse live application data with application and policy history to discern rate or risk impacting changes at POS and endorsement.