Open GI, in partnership with global information services provider, Experian, has launched its latest innovation which conducts a series of automatic checks through third party data providers.
With fraud rising in the insurance market and increased emphasis on checking customers during the quotation stage, Open GI has partnered with Experian to help brokers and insurers combat fraud with a new service called Open Client Check.
Fully integrated with the Core Back-Office to eliminate data re-keying, brokers can now validate their customers during the sales process with a simple ID check from Experian before any business is accepted. A comprehensive selection of checks are available via Open Client Check which include insurance fraud, risk scoring, claims (sourced from CUETM) and No Claims Database (NCD).
Martyn Matthews, Sales Director, Insurance, Experian, commented: "By partnering with Open GI, the automation of our thorough client checks will reduce the overall policy administration time whilst assisting the drive to prevent insurance fraud."
Simon Hughes, Sales and Marketing Director, Open GI, said: "With insurance fraud such a focal point within the industry, it is vital that we continue to develop solutions that benefit brokers. This latest innovation provides brokers with a platform to negotiate better capacity from insurers whilst improving the quality of risks."