Optimising risk assessment and claims management
CRIF suite of services is designed to improve risk assessment and fraud detection, while reducing costs and improving the quality of your business portfolio.
With CACHE Motor, insurance companies can access the Motor database in accordance with MIB (Motor Insurers' Bureau) principles of reciprocity, that is responsible for the management of the Claims and Underwriting Exchange Register (CUE Search) on behalf of insurers in the UK. CACHE Motor is adaptable to any business process requirement and can be used for ad-hoc database inquiries or claim record contributions.
The screening process is enriched with additional datasets, such as linked addresses, financial data, identity check and vehicle data, to provide a more complete risk assessment. This enables insurers to quickly detect claims cases that require further investigation and enhance the overall claims management process while delivering a greater customer experience.