Insurance
Building a customer-centric, data-driven insurance firm.






Overview
Insurance
The insurance industry has long been a leader in the use of analytic models for a wide range of strategic business and decisioning operations. Today, with the need for decision turnaround driven by mobile customer demand, data-driven insurance firms need even more accurate customer decisions faster than ever before. FICO provides a platform for insurance firms that uses advanced analytics to optimize decisioning, manage risk, prevent fraud, improve debt collections, and increase profitability while delivering a great customer experience.
Features
FICO helps insurance firms make their operations smarter, faster, and more profitable in the following areas:
check
Centralized Decisioning (underwriting, claims, fraud prevention, pricing, agency/broker management, and policy offers and management)
check
Prevention of application and claims fraud
check
Increased automation and personalization on digital channels
check
Rapid application development
check
Optimization with advanced algorithms
check
Simulation and testing of pricing models
check
Decision and model governance and monitoring
check
Rapid deployment of SAS, R, Emblem and other analytic models
check
Taking a highly segmented approach for collections and recovery
Contact Us
Connect with FICO for answers to all your product and solution questions. We look forward to hearing from you.