Industry-leading, value-added services focused on fraud detection, peer-to-peer market comparison, risk control, and process automation for the Irish general insurance market.
Data and analytics tools help insurers more accurately assess risk and identify fraud to reduce premium leakage.
Extensive peer-to-peer comparison and tracking of company KPIs provide a holistic view of the market.
Insurance analytics help you gain insight into key market performance and risk indicators
In-depth analysis of the general insurance and motor market via cross-platform analytics and visualization technology—including analysis of statutory returns by insurers to the Central Bank of Ireland and directly sourced data from insurers and third parties—provide:
- Revenue analysis
- Market profiling/market mix
- Key ratios
- Claims, reserving, and risk analysis
- Motor market statistics
Industry services help insurers, self-insurers and state/semi-state bodies disrupt fraud
InsuranceLink offers a centralised claims database, containing details of claims by individuals against insurance policyholders or directly against self-insured members of the service to identify repetitive claimants and potential fraud at a market level.
Verisk works with Insurance Ireland, the official representative body for Irish insurance companies, and the self-insured task force in the delivery of industry scoped services to their members. The task force comprises various state bodies and commercial organisations exposed to potential claims fraud. See a complete list of service members.