Rate evasion happens whether it's intentional or not. When you can’t be certain about key risk factors like where a car is parked and who’s really driving it, you leave your book open to unnecessary loss.
Verify applicant-provided data in real time and rate policies more accurately
TransUnion Risk Verification Platform is a data verification system that finds potentially inaccurate consumer data and immediately delivers customized resolution instructions. That way, you can better manage risk from quote to renewal to claims.
Risk Verification Platform combines multiple data sources with analytics and business intelligence to help auto insurance carriers identify potentially inaccurate information and control rate evasion.
Identity and garaging
Verify applicants' identity and parking location to confirm or challenge policy information.
Vehicle ownership and history
Identify accidents, repairs or other information that affects rates, but may go unreported. Verify vehicle ownership and registration information matches the policy application data.
TransUnion Direct web interface
Results are delivered in real time, online in an easy-to-use format.