Your profitability depends on pricing policies appropriately. To do that you need an accurate assessment of the risk of a proposer making a claim.
Equifax provides credit data covering most of the UK, allowing you to make the most informed possible pricing decisions.
Why choose Equifax?
By cross-referencing the details supplied by proposers with the extensive data in our file, you can:
- Price policies based on a full understanding of the risk of future claims
- Make decisions that take your existing portfolio and preferred customer profile into account
- Rapidly process large volumes of quotations for a fixed price, simultaneously improving your profitability and the customer experience.
Every month, Equifax will send you a full refreshed insurance data file. Simply update your database with the new data and start working with it straight away. No web interfaces, no new systems or software to integrate with your existing solutions – just rich data, available 24/7 for you to use as you see fit.
If we don't yet offer a tool that's right for your business, call our consultants. They'll work with you to define your unique policy pricing needs and develop a bespoke solution.
"Admiral chose Equifax due to its high availability and the rapid on-line response of its bespoke insurance offering, allowing us to be competitive in the on-line channels"Rhodri Charles, UK Pricing Manager for Admiral