Insurance intelligence provider Percayso Inform has launched an updated version of its Quote Intelligence platform.
Percayso says its insurance intelligence services provides unique, real-time solutions at all stages of the insurance lifecycle.
It also claims to deliver unrivalled insight into insurance customers, enabling insurance providers to make informed underwriting decisions and write better business.
“Since launching our next-generation quote intelligence platform to the market just over four years ago, we’ve processed many hundreds of millions of quotes and gathered a huge amount of information about the varying needs and processes of all the different insurance providers that we work with,” said Rich Tomlinson, managing director at Percayso.
“Having analysed all this information, it became clear that there remains a critical gap in how providers capture data, meaning they’re still missing opportunities to attract and retain the best customers. The upgrades that we’re announcing today address these issues and I’m confident will be a game-changer for insurers, brokers and MGAs alike.”
Percayso, which ranked 2nd in BusinessCloud’s InsurTech 50 late last year, have previously partnered with companies including Quote Detective, Got You Covered and TransUnion.
Key elements of the upgrades to the Nottingham-based Quote Intelligence platform include the introduction of sophisticated fuzzy matching techniques, increasing the number of quote matches and the ability to match named drivers in addition to the proposer.
Tomlinson added: Tomlinson continues: “To achieve the best results, insurance providers need to ensure they are first able to spot manipulation in real-time, assess its severity and apply an optimised strategy. This will facilitate sharper pricing decisions, better customer acquisition and improve loss ratios. That’s the outcome our upgraded platform delivers.”
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