Alongside insurers in every phase of the customer relationship
CRIF has been providing the insurance industry with added-value solutions and information services to support decision-making and prevent fraud for over 20 years. During this time CRIF has been working alongside insurers in every phase of the customer relationship to improve performance, support competitive advantage and mitigate risks.
CRIF provides a range of services to the insurance industry which help in the management of broker acquisition, ongoing monitoring, and the overall process of general and life insurance for both SMEs and personal insurance lines. This includes pensions, life insurance and general insurance such as motor, home, personal injury, health, marine, travel and pet insurance. The concept of sharing information to combat fraud and reduce insurers’ operational costs has gained more and more importance. The level of sophistication of the systems depends on the country, the level of data shared by insurers, the legislative framework, and access to supplementary external data.
In order to support insurance companies in their objective of operating a profitable business and improving knowledge of their customers, CRIF provides tools for more accurate profitability assessment and anti-fraud management at the key stages of the process: quotation, underwriting, claims handling and fraud investigation.
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China, April 20, 2021
CRIF expands its business operations in China, providing enterprises with business and credit information
The Shanghai Head Office of the People's Bank of China (“PBOC”) recently announced the approval of the registration of CRIF (Shanghai) Business Information Service Co., Ltd. as a business and credit information provider.
April 12, 2021
CRIF Ratings affirms Ferrari’s “BBB+” unsolicited long-term issuer rating; Outlook revised to “Positive”
The affirmation of the rating reflects Ferrari’s healthy and resilient operating performance even during COVID-19 pandemic.
Bologna, March, 2021
200 trees planted as part of the annual CRIF Global Technologies kick-off meeting
As a tangible sign of gratitude to all our colleagues who have worked hard in this difficult year, the decision was taken to dedicate a forest of over 200 trees to CRIF Global Technologies, to be planted in Tanzania, Kenya, Colombia, and Nepal.
Bologna (Italy), April 19, 2021
CRIF continues to grow and draws a new EUR 45 million tranche through the private placement program with Pricoa Private Capital, launched in 2016 and extended in 2020
This new issue is part of the Shelf Facility which provides the possibility of placing new issues up to a total value of USD 125 million, helping to support the EUR 350 million investment plan for the three-year period 2021-2023.
The note placement involves a 12-year amortization plan (6.5-year average life span) at a fixed interest rate.
Bologna, February 22, 2021
CRIF invests in FoolFarm's share capital
FoolFarm is the first European Start-Up Studio specializing in Artificial Intelligence. The aim of the Start-Up Studio is to develop an innovative enterprise in a different way from that of traditional accelerators and incubators, through an original format of “Call for Ideas and Talents” known as Casty, similar to a television format, lasting three days and repeated every quarter.
Bologna, February 10, 2021
CRIF invests in the Neva First Fund, a strategic partnership promoting start-up investments
CRIF, a global company specializing in business and credit information systems, and advanced digital solutions for business development and open banking, has invested in the Neva First Fund, the venture capital fund managed by Neva SGR, with the aim of supporting investments in innovative high-tech start-ups.