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CRIF for INSURANCE COMPANIES
 

CRIF assists insurance companies in every phase of their activity, offering a complete range of high quality services:

SOFTWARE SOLUTIONS: forecasts of general and local market development; risk selection; anti-fraud; market surveys.
DECISION SUPPORT MODELS: business rating for risk assessment; analysis of portfolio accident rate; customer evaluation
OUTSOURCING, SOFTWARE, AND CONSULTING SERVICES.

In the insurance market, management is increasingly interested in issues such as agency network efficiency and profitability, cost rationalization, and access to impartial tools which can be used to set targets. In-depth knowledge of the territory, agencies, and customers has become a decisive competitive factor. Integrated information systems, and the specific skills needed to get the most out of them, are needed in order to balance business risks and opportunities to optimize business processes.
As the leader in Italy and an important provider on an international level of decision support systems, CRIF offers insurance companies qualified support in insurance risk assessment and management, and knowledge of the market, territory, agencies, and private and corporate customers in every phase; from customer acquisition to portfolio management, claims settlement, anti-fraud and debt collection. 

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News
London, UK, 26/10/2009 26/10/2009 CRIF Decision Solutions Ltd announced as technology partner supporting RTA personal injury claims process reforms CRIF Decision Solutions Ltd has been selected as the technology systems provider by a selection panel of claimant lawyers and insurers/compensators working to implement an electronic communications process to support the MoJ process reforms to low cost RTA personal injury claims.  
The selection panel reviewed 15 responses to an Invitation to Tender as part of the selection process.  The reforms, which aim to speed up the time taken to reach settlement for claimants and reduce the time and costs spent on lower value RTA cases (£1,000 - £10,000) are due to take effect from April 2010.
To read the press release
08/06/2009 CRIF launches its CACHE MotorPlus service CRIF is launching CACHE MotorPlus as part of its CACHE (CRIF Application for Claims History Exchange) suite of services for the UK insurance industry.
CACHE MotorPlus combines information on motor and personal injury claims related to road traffic accidents (RTAs) to improve the assessment of claims propensity, risk analysis and detection of fraudulent claims by third-party drivers in the very early claims stage.
Focus on
CACHE (CRIF Application for Claim History Exchange)  
CACHE is the CRIF Application for Claims History Exchange insurance service developed by CRIF Decision Solutions Ltd in 2002 for Insurance Database Services Ltd (IDSL), which is responsible for the management of the Claims and Underwriting Exchange Register (CUE) on behalf of insurers in the United Kingdom.