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What can it do for me?
'Business Information for Insurance' is an on-line facility providing reports specifically developed for the commercial insurance market. It draws together Experian's vast information on businesses and consumers, the reports can be used for underwriting, claims analysis, fraud investigation and risk supporting decisions.
How can we help you?
We can provide you with up-to-date business information on a daily basis, to gain a view of a business’ financial and trading performance.
Online access offers you a secure, web based service enabling insurers to access reports anytime (digital certificate required).
Insurers can choose from different levels of reports providing information on businesses at varying levels of detail, with multiple levels of reports.
We can also provide an instant results display which is based on user-defined values, results are displayed using a Red/Amber/Green status providing a clear and instant indication of risk.
A few key facts
- Better control of results - Options to set values aligned to specific criteria provides insurers with more relevant and accurate results, and enables better control over resources required for interpreting results.
- Improved risk assessment - Comprehensive information provided by the reports enables insurers to more effectively check the financial health of companies and makes for more accurate and reliable risk assessment.
- Assists fraud investigation - The reports can assist insurers’ decision making at point of claims for further investigation of potential fraudulent claims.
- Improved claims management process - Business Information for Insurance draws together a wide range of datasets specific to meet the needs of commercial insurers. The ability to instantly extract relevant information makes it easier and more efficient to manage claims, resulting in more cost effective claims management processes.