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Percayso Inform is proud to announce that it has been appointed to develop and deliver a bespoke data enrichment solution to support the revolutionary new motor insurer, Zixty. Zixty provides a fully-digital customer experience initially offering short term private vehicle insurance from 60 minutes to 28 days. The easy-to-use Zixty app not only provides both quote and cover but also calculates carbon footprint for miles driven while on cover and, if they opt in to Zixty Miles, then offsets the carbon footprint generated through its partnership with accredited tree planting organisations. Commenting on the partnership, Andy James, Co-Founder and CEO of Zixty says: “We want to offer something different for customers that have an environmental conscience and would like to make a difference at no cost to themselves. Giving a great price to our customers and protecting our insurers requires powerful and accurate data. While there are a number of data partners active in the insurance market some of whom I’ve worked with in the past, the level of flexibility that Percayso offered is vital.” The Percayso solution will allow Zixty to draw data at the point of quote through Percayso’s API from multiple sources to better understand both the customer and their vehicle to deliver fairer, more flexible pricing. The infrastructure that Percayso has built has the capability to handle millions of transactions a day, delivering responses in milliseconds. “Our modular insight as a service proposition has been designed to allow insurance providers of all sizes at all stages of their business to make a step change in their customer insight,” says Percayso Inform Managing Director, Rich Tomlinson. “We’re delighted to partner with Zixty to help them deliver fair pricing to their customers and optimal performance to their insurance providers.”
Open GI has extended its partnership with insurance data intelligence provider, Percayso Inform, to now include household as part of its data agnostic enrichment service for UK brokers. And in widening the reach of Percayso’s intelligence offering, more of Open GI’s broker customers will be able to benefit from its Broker Enrichment functionality. Accessing a deeper level of insurance intelligence will support brokers in building a more complete picture of their customers at the point of quote. Commenting on the extended relationship, Percayso Inform Managing Director, Richard Tomlinson, said: “This represents a natural progression in our partnership with Open GI and we’re delighted to be able to now integrate our household data intelligence capabilities. Tapping into an extensive range of data, our intelligence service can help brokers, insurers and MGAs to continue to provide and have access to the best pricing for each individual risk and ultimately improve loss ratios.” Capable of handling tens of millions of hits per day, the Percayso Inform platform will enable insights to be generated in a fraction of a second, at point of quote, to inform business decisions in real time via API connectivity with the OGI platform. Simon Badley, Open GI’s CEO, added: “Broadening our product offering to help our customers transact better-quality business is high on our agenda. Our extended partnership with Percayso, which I am delighted to share, helps us do that. Data is such an integral part of the broking process, where our customers can leverage valued insight to help quote better, price better and offer support and guidance.
Percayso Inform won the Fraud Technology Solution of the Year award at in the Insurance Times Tech and Innovation Awards held last Thursday at the Royal Lancaster Hotel. The team have worked extremely hard over the past couple of years to deliver a suite of market-leading and unique solutions so we are absolutely over the moon that this has been recognised, both by our growing list of clients and by the Insurance Times judging panel. Commenting on our submission the judges concluded: ”This Technology stood out due to the scope of its application and use of vast data sets to quickly and accurately identify fraud. The intuitive interface and accuracy of data analysis clearly demonstrated the value of new technologies in the identification of fraud.” Percayso's MD, Rich Tomlinson commented; "I am so pleased the Percayso team and the solutions we provide have been recognised as market leading in this crucial field. Our intention from the start has been to deliver something that was truly game-changing, and next generation, that delivers tangible benefits to our insurance clients enabling them to spot, manage and reduce fraud throughout the customer journey"