Insurance Companies

Insurance Companies

Alongside insurers in every phase of the customer relationship

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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.

News

  • Tashkent, Uzbekistan, September 23, 2020

    WEBINAR: Digital Financial Services Project in Azerbaijan and Central Asia

    CRIF was invited to the IFC webinar to share its experience and know-how in managing information solutions for the financial industry with Uzbek financial institutions.

  • Zurich, September 18, 2020

    Slight decline in the rate of defaulting debtors in Switzerland

    CRIF AG has calculated the CRIF rate of defaulting debtors in Switzerland. Despite the coronavirus crisis, the rate of defaulting debtors has fallen slightly (from 6.54% to 6.48%) compared to last year. 

  • September, 17, 2020

    CRIF focuses on APIfication

    The adoption of the new API paradigm is primarily a strategic choice, not just a technological one. A bridge that makes it possible to connect products and services, both in-house and third-party, to create greater value for end customers.

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