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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: general growth projections, prospects for local markets; risk selection; anti-fraud systems
DECISION SUPPORT MODELS: business rating for agency acquisition of casualty clients; analysis of portfolio accident rate; network and client evaluation
OUTSOURCING, SOFTWARE, AND CONSULTING SERVICES.

In the insurance market, management is increasingly focused on issues like network efficiency and productivity, cost rationalization, and access to impartial, scientific instruments to use in setting targets. In-depth familiarity with the territory, agencies, and clients has become a decisive competitive factor. Integrated data systems, and the specific skills needed to get the most out of them, have become essential in order to balance business risks and opportunities and optimize business processes.
As the Italian leader in decision support systems and one of the world's most advanced providers, CRIF offers insurance companies qualified support in insurance risk assessment and management, and information on the market, the territory, agencies, and private and corporate clients. In every stage of operations, from planning growth strategies to portfolio acquisition and management.

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Latest updates      Focus on:
01/02/2008
Provident insurance seeks further efficiency in its claims process by implementing CACHE

Provident Insurance was the first insurer in the industry to integrate its Personal Injury (PI) claims system with the CUE PI database and the CRU Electronic Messaging workflow. This integration went live on the 25th June and was delivered in joint collaboration by CRIF and teams from Provident Insurance’s IT and Technical Claims departments.

01/01/2008
ICB Second generation of CRIF Bureau Score implemented

CRIF Decision Solutions Ltd developed and implemented the Irish Credit Bureau (ICB) and CRIF second generation of “bespoke” score cards for banking and lending organisations operating in the Republic of Ireland. The service enables banks to take prompt decisions on credit issues in order to meet retail customer needs. In particular, banks can partly outsource credit risk management procedures enhancing effectiveness while saving maintenance costs.

Publications: insurer-issued credit cards
Section of the Observatory on credit cards
 

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