Automated Risk Selection and CX Solutions designed to benefit your bottom line today.
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.
Pick the risks you want.
Skip the ones you don’t.
Discover a range of tailored solutions designed to meet your unique needs and overcome challenges. Select the solution title below to delve deeper into each offering and find the perfect fit for your requirements:
Profit Improvement
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Growth Acceleration
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Risk Insights
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Cost Reduction
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Risk Insights
Geico bounces back but still faces big IT challenges
Geico has a reputation for being a technology laggard in the Personal Lines P&C industry. They've acknowledged this. But Progressive, their longtime rival, is the industry technology leader. So much so that they avoided the massive post-covid meltdown that the rest of the industry experienced. So how is Geico going to catch up? By implementing the same package software core systems that the rest of the industry have. Or by building tools that enable much more granular and event driven risk selection throughout the policy lifecycle? Which is where the money is and is something core systems can't solve.
Ineffective Underwriting Leaves Claims to Adjust the Odds – A Dubious Roof Claim Exposes Gaps
A multi-pronged approach addressing underwriting, renewal, and claim management practices is crucial. By proactively managing risk and fostering transparency, insurers can safeguard their systems against exploitation, ensuring fairness for legitimate claimants while protecting themselves from unnecessary losses. Vigilance and a commitment to comprehensive assessment are key to navigating the complexities of risk.
Not your Mother’s Insurtech: A Personalized, Proactive Response to Risk Discovery
The concept of choice and personalization is spreading across industries. From streaming services to airlines, customers value the ability to tailor experiences to their individual needs. This same approach has the potential to revolutionize the insurance world, particularly the often impersonal and reactive claims process.