Look Beyond Favorable Risk Trends to Spot Troublesome Consumer Behavior

Available On-Demand
Date Held: August 26, 2010
Hosted by: Insurance Networking News
Duration: 1 Hour
Sponsor: Transunion

The impact of 2008’s near-meltdown of the global economy still reverberates today, nearly two years after credit markets where thrown into turmoil. For insurance carriers, the necessary tightening of credit meant risk indices had to be, and still are, re-evaluated as a means of making smart business decisions on how to set insurance rates. But those credit challenges have brought with them a rise in all kinds of insurance fraud, making it far more difficult for carriers to make decisions on rating policies, while keeping premiums affordable and properly servicing policyholders.

In this web seminar, TransUnion VP of Insurance Product Development, Jeff Reynolds, examines the rise in multiple forms of insurance fraud, from rate evasion to identity theft, and discusses strategies to help auto insurance carriers foresee and anticipate fraud-based risk.

Register today for a close look at how credit and insurance scores have changed—and what it means for overall risk and individual consumer behavior.

• Review the correlation between credit scores and insurance scores
• See how insurance risk has been affected in recent years
• Identify trends in consumer behavior leading to potential rate evasion and take appropriate action to manage it

Register today for this web seminar today and learn how you can stay ahead of the curve.

For more information on related topics, visit the following channels:

• Risk Management