The keys to fighting consumer insurance fraud
Solutions need to have the following attributes: Transactional Immediacy: Regardless of whether the transaction is quote/application, endorsement, billing or claim, the analytics […]
Why do auto Insurers experience so much rate manipulation at point of sale?
The auto insurance industry has a large problem with customer rate manipulation at the point of sale. Industry studies and our own […]
Things every insurer needs to know about auto insurance fraud
The auto insurance market suffers from a shockingly high level of fraudulent activity, yet we find many people in the industry don’t […]
Why do P&C insurance customers commit petty fraud?
Social psychologist Dan Arielly is an expert on small time customer ‘cheating’. He literally wrote the book on it entitled xxxx I […]
Beware the Insurance Digital Transformation Trap
The Property and Casualty insurance industry is making huge investments in new core systems. The analysts have named this the industry’s “Digital […]
Linked In Story
VeracityID’s latest product innovation is idMobileTM Our initial pilot deployments of idMobileTM have generated real excitement among the pilot participants. Currently are rolling out idMobileTM to the […]
Here's how you reduce first year auto losses by five or more points.
Everyone in Property & Casualty insurance industry knows about the first year auto insurance loss ‘bump’ – new business almost always loses […]
Auto Insurance customers are changing – which means trouble for carriers
“We’re not making money on direct, online business” is something we hear from a number of carriers. Some of them are fairly […]
idMobile Prexisting damage
We have just completed a national pilot of idMobile. The pilot required that all customers seeking a quote download the idMobile app […]
Auto Insurance customers are changing – which means trouble for carriers
“We’re not making money on direct, online business” is something we hear from a number of carriers. Some of them are fairly […]
Carriers are failing to fully exploit mobile technologies to reduce auto insurance fraud
We’ve all seen the ads for auto insurance carrier mobile phone apps. They show happy policy holders using their smart phones to […]
