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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Antananarivo, 19 February 2020
Launch of the first Credit Information Bureau in Madagascar
Banky Foiben'i Madagasikara (BFM) and CRIF Group have today announced the launch of the first Credit Information Bureau in Madagascar during a workshop held at Hotel Colbert in the presence of the Governor of Banky Foiben'i Madagasikara (BFM), the Country Managers of the International Finance Corporation (IFC), and the World Bank in Madagascar.
Dublin, 31 January, 2020
Ireland’s economy remains strong despite Brexit uncertainty: 2019 marks third record-breaking year for new company registrations
2019 marked the third consecutive record-breaking year for new company start-ups according to business and credit risk finance analyst CRIF Vision-net.
Frankfurt, December, 2019
CRIF BÜRGEL becomes a member of Frankfurt Main Finance from January 1, 2020
Since 2008, Frankfurt Main Finance has been the financial center initiative for Frankfurt, the leading financial center in Germany and the Eurozone.
Bologna, February 03, 2020
CRIF finalizes the acquisition of 100% of Inventia, strengthening its digital onboarding leadership position
CRIF became a majority shareholder in Inventia back in March 2019 and, with the acquisition of the entire block of shares, it ensures the continuity of its strategy to strengthen its innovative solutions for digital onboarding on the market, guaranteeing an increasingly fast and satisfactory customer experience to the clients of credit institutions, insurance companies, utilities and telcos.
Nassau (Bahamas) and Bologna (Italy), December 23, 2019
CRIF officially obtains the license to establish and operate the first credit bureau in the Bahamas
The Central Bank of The Bahamas has recently issued a license to CRIF, allowing it establish the first private credit bureau in the country. As a result, Bahamian commercial banks, credit unions and other eligible lenders will be required to share credit information with CRIF and allowed to access credit reports once the credit bureau will be operational.
Jakarta (Indonesia) and Bologna (Italy), October 23, 2019
CRIF obtains a license to operate a private credit bureau in Indonesia through its affiliate company PT CLIK
The establishment of a credit bureau will help develop the local credit market, allowing SMEs and consumers to move to a more advanced market based on credit references.