Insurance Risk Scores: Stability In a Turbulent Economy
TransUnion performed an analysis of consumers who used TransUnion credit-based insurance risk models and compared credit risk scores to insurance risk scores to determine if credit-based risk models are reliable predictors of loss.
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Managing Rate Evasion: Preempt your Risk to Increase Profitability
All carriers have an element of rate evasion built into their rating plans, which increases rates, even for honest policyholders. That’s why it’s important for carriers to use a product like TransUnion Risk Verification Platform to address rate evasion at the point of quote.
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