Infoverity’s customers in insurance start by realizing the following benefits, and then grow from that strong foundation.
Many insurers have customer and policy data spread across business units and Policy Administrative Systems. This leads to a poor customer experience, lost renewals, and missed opportunities. Effective data management systems consolidate data into a unified portfolio to ensure a consistent experience.
Insurers are unable to identify and target existing and potential customers, due to flawed data systems and silos that prevent effective marketing campaigns. With quality data management, insurers can connect policy and customer data to demographic data to better target policy holders.
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Siloed customer data leads to a poor customer experience, lost renewals and missed opportunities. Infoverity provides insurers the ability to connect policy and customer data to gain insights and deliver a unified household view of the policyholder. Enables Operations the delivery of a unified customer experience across channels. Provides marketers trusted insights by understanding policyholder relationships and households.
Insurance marketers are unable to identify and target potential policyholders without being able to connect and create relationships between multiple data points. The Infoverity Market Intelligence solution blends policyholder data with third-party sources data providing marketing the ability to find look-a-like customers, create bundled product recommendations and create micro-segmentations.
Underwriting, Pricing, Risk Management, Claims, and Strategic Analytics do not have access to connected, consolidated, and complete location data. Infoverity’s Location Insight solution masters location data to decrease risk, make better decisions and drive greater insight. Location intelligence will be unlocked by combining your most valuable resource, data, with syndicated data.
See how we can deliver the power of data to the insurance industry