HomeCase ExamplesVeracityID Helped a Major Auto Carrier Reduce “Undisclosed Driver” Rate Manipulation

VeracityID Helped a Major Auto Carrier Reduce “Undisclosed Driver” Rate Manipulation

Reducing Rate Leakage

Social network analysis reveals evasion through “connections” between related persons, addressed and vehicles.

> 0 %
NWP Lost to Undisclosed Drivers in New Business
>$ 0
Average Cost Per Successful Rate Evasion Attempt

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.

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VeracityID Helped a Major Auto Carrier Reduce “Undisclosed Driver” Rate Manipulation

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