Percayso Inform has announced a new partnership with global information and insights company TransUnion.
The insurance data intelligence provider will distribute TransUnion’s TrueVision credit data to insurers, MGAs and brokers through its API.
TrueVision offers a powerful suite of solutions that harnesses the strength of trended data to give insurance providers a deeper, broader view of consumers and their behaviour.
Fuelled by enriched data, credit performance trends and analytics, TrueVision creates value across the entire consumer lifecycle and offers meaningful data insights for each consumer interaction.
“It’s vital that insurance businesses have access to better consumer insights to optimise their decision making process,” said Russell Dixon, director of insurance at TransUnion in the UK.
“This partnership will allow us to collaborate on industry level challenges and opportunities with our combined data, analytics and decisioning capability. This is a major step forward in our data distribution strategy and a valuable testament to our commitment to using information for good.”
Rich Tomlinson, managing director at Percayso – third on our InsurTech 50 ranking late last year – added: “Our proposition is centred on helping insurance providers harness the value of the wealth of data available to them, so that they can make better informed decisions on risk and pricing, and ultimately write better business.
“We’re delighted to partner with TransUnion to further strengthen our proposition to the market and ensure that our clients can gain competitive advantage from predictive insights based on enriched credit data.”
Since launching its insurance intelligence as a service proposition to the UK insurance market three years ago, a growing number of insurers, brokers and MGAs in both personal and commercial lines have partnered with Percayso to take advantage of its smart solutions to turn insurance data into intelligence, insight and outcomes.
Its 65-strong client base now includes Ageas, Covea, Direct Line, Markerstudy, Somerset Bridge and The AA.
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