Where is Progressive? 
Three AI Mistakes We See Insurance Carriers Making 
Fast Isn’t Always Smart: Why high speed Claims Tech puts the cart before the horse 
The “Just Asking” Gambit 
The Vengeful Risk 
The Deductible Dodger 
The Vanishing Claim idFusion Tools
What is TrustMark Risk Scores?
TrustMark risk scores employ rigorous modeling techniques to a wide array of customer application, policy and claims behavioral indicators to assign and continuously update risk levels associated with each driver or claimant in a carrier network.
Why do I Need This Tool?
Underwriters have a host of time-consuming exceptions to manage – with more constantly emerging. The result is that they are unable to adequately address many types of exposure – they simply don’t have the bandwidth. In combination with idRuleBuilder and idMobile, idDocReader eliminates time consuming document review tasks and drives more accurate and complete underwriting of risks.
Benefits
- Identify applicants and endorsements likely to contain ‘bad’ actors or drive suspicious claims
- Materially reduce loss ratios on high risk applications by modifying policy terms and payment conditions during active customer sessions
- Create robust ‘tip & lead’ indicators for when claims or billing events occur on policies with high risk scores
- Identify emerging networks of entities with high risk scores for investigation
Case Example
How a Top Auto Carrier Harmonized Underwriting Standards Across Channels and Writing Companies – Ensuring Risk Selection Consistency
