“The benefits of iCache are that we are providing a lot of insight for the insurer throughout to make better decisions about the customer.”
These decisions are around a number of things, such as price and anti-fraud measures. In turn, this enables you to better protect insurers from fraudulent activity, and more accurately price a policy.
Insurers need data to remain competitive in this market. If used right, data can drives decisions and we believe data matters and can lead to better customer outcomes if used appropriately.