Economy downturn- Insurers need to use their data now more than ever
It can be tempting during a downturn to simply focus on keeping the lights on. The Insurers that will do well during the downturn are those that invest in both data sources, and how they then utilise that data. Reducing claims leakage, detecting fraud (which will rise), selling more to existing customers and converting…
Podcast of the Month: The Tax Files with Simon York
This week's Podcast of the Week is from the UK's The Tax Files. Episode 5: Simon York Ali and Ektaa invite you to Episode 5 of The Tax Files, where they are joined by Simon York. Simon is currently His Majesty’s Revenue and Customs Chief Investigation Officer and Director of HMRC’s Fraud Investigation Service (FIS). He is…
Putting a stop to international fraud: Your Ideas?
Covid has created huge opportunity for criminals who seek to deceive the public, companies, charities and public sector - the whole of the Global economy - for their own personal gain. The move to online working has seen digital processes become our new BAU, but with that it has brought new threats which criminals have…
Single priced protection vs Embedding - what do customers want and what does it mean for risk?
More and more, the insurance market worries about product density, recognising that in some situations selling a 2nd policy to a customer can move the retention rate from ~60-70% to well about 90%. So why wouldn't the market go further than that? Why not underwriting the entity not the event? I think an insurance policy…
How can banks and financial institutions make better use of the data & information they already have
KYC is the bedrock of effective financial crime compliance, though, the customer onboarding Know Your Customer (KYC) and refresh experience in financial services is often complex, tedious and costly. Despite years of investment in technology upgrades and digitization, most legacy banks and other financial institutions…
What does it mean to Know Your Customer?
Watch our brief explainer video and tell us what it means for you! https://youtu.be/STvRY7vGNPo
Decision Intelligence and Data Analytics Solutions for Government Agencies
Achieve dramatic improvements in operational performance, results, and efficiency. Solve a range of critical data quality and analytic challenges when fighting fraud, enforcing compliance, collecting taxes, investigating crime, and securing borders. Better decisions start with better context Our platform provides advanced,…