Data Enrichment

Our data enrichment service is used by Insurers at point of sale to reduce premium leakage and at point of loss to increase fraud detection rates.

Risk Intelligence (now Verisk Insurance Solutions – Ireland) has developed a predictive risk assessment framework which identifies key indicators of risks with higher claims ratios and higher claims frequencies.

Service performs real-time scoring at point of quote, policy inception and loss to provide actionable intelligence to the Insurer.

We facilitate 360° coverage across direct and broker sales channels to deliver a solution tailored to the customers’ specific requirements.

Our framework uses known predictors of fraud and risk such as:

Insurance and Claims Data
Vehicle Information
County Court Judgments
Disqualified Directors register
Tax Defaulters register
Insolvency data
Company credit rating
Spatial Risk Data
Private data sources