Insurance
Harnessing the potential of data in insurance
Data quality and AML compliance drive success in the insurance sector.
Helping insurance companies drive business value
We make sure insurance firms have clean data to develop insightful broker and customer analytics, underwriting strategies, and targeted marketing programs. It’s the most efficient way to drive success and minimize regulatory and operational risks in underwriting and claims payout.
Reduce risk. Streamline operations. Grow customers.
Insurance firms have huge customer databases. But poor quality data is bad for business. It compromises everything from from natural hazard assessments to keeping your firm safe from sanctioned and high-risk individuals and companies.
We’ve helped insurance organizations like yours clean and consolidate their data from different sources for more than four decades. With integrated applications, streamlined processes and advanced analytics, you’ll master compliance, serve customers better, reduce risk and reveal new revenue streams.
Collect accurate customer data from the first point of contact
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Collect valid addresses with PostLocate
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Check if they’re an existing customer with Enlighten Individual Match
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Verify ID documents with FinScan ID Validation
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Screen against sanctions, internal, PEP, or third-party lists with FinScan
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Screen customers against deceased, government agency, or industry shared lists with Enlighten Individual Match
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Determine the ultimate beneficial owners (UBOs) of corporate accounts with FinScan UBO
Clean data across systems
Screen policyholders thoroughly
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Authenticate identity documents with FinScan ID Validation
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Screen against sanctions and PEP data with FinScan Watch List and PEP Screening
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Determine the ultimate beneficial owners (UBOs) of an organization with FinScan UBO
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Screen and monitor claims payments with FinScan Transaction Screening
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Improve the quality of your AML screening results with FinScan Data Prep
Prepare your data for application migrations and M&As
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Identify potential anomalies and data gaps in the source and target application system with Enlighten Profiler
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Standardize data across both source and target applications with Enlighten Cleanse
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Identify customer overlap, relationships, and duplicates with Enlighten Match
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Convert and map your data for migration with Enlighten Transform
Drive success in the insurance sector
We know how to unlock the power of your data and deliver a solution to meet your needs.
Get in touch