Introduction
Insurance intelligence provider Percayso Inform has launched an upgraded version of its Quote Intelligence platform, designed to revolutionize how insurers, brokers, and MGAs process and analyze quotes. Building on four years of experience and hundreds of millions of quotes analyzed, Percayso has identified critical gaps in data capture that limit providers’ ability to attract and retain top customers. The updated platform introduces advanced capabilities, including fuzzy matching and named driver matching, ensuring more accurate quote interpretation and manipulation detection. These improvements empower insurance providers to reduce fraud, optimize pricing, and improve customer acquisition strategies, all supported by the Percayso Inform Manager (PIM) low-code SaaS platform.
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Industry Comments
“Since launching our next-generation quote intelligence platform to the market just over four years ago, we’ve processed many hundreds of millions of quotes and gathered a huge amount of information about the varying needs and processes of all the different insurance providers that we work with,” said Rich Tomlinson, Managing Director at Percayso.
FAQs
- What improvements have been made to the Quote Intelligence platform?
The platform now includes fuzzy matching techniques, enabling a higher volume of accurate quote matches, and the ability to match named drivers alongside the main proposer. These upgrades enhance fraud detection, pricing strategies, and overall customer acquisition. - How does the platform help insurance providers reduce fraud?
The upgrades allow providers to detect quote manipulation in real-time, assess its severity, and apply tailored strategies to combat fraud. This results in more precise pricing decisions, lower loss ratios, and improved customer outcomes.
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Conclusion
Percayso Inform’s upgraded Quote Intelligence platform represents a significant step forward for the insurance industry. By introducing sophisticated fuzzy matching and named driver matching capabilities, the platform closes critical gaps in data capture, enabling insurers, brokers, and MGAs to better identify manipulation and optimize pricing strategies. These enhancements not only reduce fraud but also improve loss ratios and enhance customer acquisition efforts.
As Rich Tomlinson, Managing Director at Percayso, highlighted, real-time manipulation detection and sharper pricing strategies are essential for staying competitive in today’s market. The platform’s seamless integration with the Percayso Inform Manager (PIM) ensures flexibility and ease of use, making it a game-changer for insurance providers. With these advancements, Percayso Inform continues to set new standards in insurance intelligence, empowering the industry to achieve smarter decision-making and stronger results.
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