Insurers face challenges identifying predictive behavioral patterns that help refine segmentation on new business. It takes holistic customer data, laser-focused segmentation, and actionable analytics—delivered seamlessly at the point of quote—to modernize insurance buying while confidently assessing risk and growing profitably. But analyzing complex historical information for rapid consumption demands deep data—and a major IT commitment if you tackle it on your own.
Coverage Verifier’s (CV) proprietary structure challenges the industry’s status quo by delivering every policy change for up to seven years—providing unique insights into the applicant’s full transaction history that you can’t get from a snapshot in time.
Optimize risk selection, validate pricing tiers and discounts, and boost productivity by consolidating policy history information into one comprehensive report.
Get transactional details of applicants’ current and previous policies for up to seven years. See coverage limits, mailing and garaging addresses, drivers, vehicles, and policy lapses.
Modernize buying journeys and accelerate quotes by prefilling details on drivers, vehicles, coverages, limits, and more.
Leverage the next evolution of CV, based on voice-of-the-customer research, featuring more than 60 actionable, summarized, simple-to-consume analytics.
Gain a chronological, 360-degree view of risk. Obtain granular history on policies, insureds, drivers, and vehicles for up to seven years. CV provides a wealth of information you can’t get elsewhere.
Harness 60+ analytics with CV-Analytic Objects (CVAO). Each attribute is designed to identify critical insured- and policy-level insights upfront to help unlock behavioral patterns predictive of shopping, payment and endorsement habits, and retention.
Refine segmentation, sharpen underwriting and rating, and support risk development, eligibility decisions, payment requirements, and more.
Optimize underwriting efficiency with insurance-ready analytics that can be integrated across many systems with minimal demand on IT resources. CV’s vast data fuels a growth and profitability engine with diverse insights and multiple use cases that inform tailored workflows.
Save with our cost-effective suite: CV-ALIR® for seamless auto liability reporting, CV-Exchange for precise lienholder/loss payee reporting, and CV-Verification as a Service (CV-VaaS™) to connect loan and coverage information for insurers and lienholders.
Future-proof your business with a partner that puts you in the driver’s seat.
Accelerate data-forward quoting and modernize buying journeys to keep more business in the pipeline and boost conversion rates.
Harness data-driven analytics to detect fraud and take on premium leakage across the policy life cycle.
Achieve precise and optimized quotes by integrating claims data upfront, plus a new crash report enhancement for auto.
Rethink MVR expenses—one of the costliest aspects of auto insurance underwriting—with a transformative solution.