A really interesting discussion with&nbsp;Insure TV&nbsp;and our MD&nbsp;Richard Tomlinson&nbsp;regarding the use of data, intelligence and technology in the broker and insurer sectors. It’s clear there is a big opportunity for all shapes and sizes of insurance provider.
Insure TV is a new and innovative medium to absorb all things insurance news related – go to Insure TV and watch the full 12mins+ immersive experience!
Thanks to Sofia Geraghty for the interview. See interview below:
<a href="https://www.insuretv.com/player/insure-tv-non-login-player/464">https://www.insuretv.com/player/insure-tv-non-login-player/464</a>
And feel free to get in touch for more information on Percayso’s solutions <a href="https://www.percayso-inform.com/lets-talk/">here</a>:
&nbsp;
&nbsp;

Richard Tomlinson interviewed on insure TV

We are proud to announce that we have been appointed to develop and deliver an enhanced quote manipulation service for the specialist motor insurance MGA, <a data-saferedirecturl="https://www.google.com/url?q=https://eu-west-1.protection.sophos.com?d%3Dsomersetbridgegroup.com%26u%3DaHR0cHM6Ly9zb21lcnNldGJyaWRnZWdyb3VwLmNvbS8%3D%26i%3DNWY4NmM2MTg0YTZjZGEwZTIwNWY2ZjIw%26t%3DcHYvdVpVaUJvMmlrMll6UXYzcEJpb3FSR09zY1FVZG5EVURzM3JKaWw4az0%3D%26h%3Daf6ac73ca09c469b8348c5580946a95b&amp;source=gmail&amp;ust=1636440632402000&amp;usg=AFQjCNEtZYmfz8yJZZB0QmLaQ_Bj9AH6Wg" rel="noopener noreferrer" href="https://eu-west-1.protection.sophos.com/?d=somersetbridgegroup.com&amp;u=aHR0cHM6Ly9zb21lcnNldGJyaWRnZWdyb3VwLmNvbS8=&amp;i=NWY4NmM2MTg0YTZjZGEwZTIwNWY2ZjIw&amp;t=cHYvdVpVaUJvMmlrMll6UXYzcEJpb3FSR09zY1FVZG5EVURzM3JKaWw4az0=&amp;h=af6ac73ca09c469b8348c5580946a95b">Somerset Bridge</a>.
The bespoke solution has been designed to provide Somerset Bridge with a distinct improvement in its ability to determine and price for manipulative behaviour in the private motor customer quote journey.
“The shift by our industry to a slicker online experience for our customers has delivered enormous benefits – but one unfortunate side-effect has been the willingness amongst some consumers to falsify, exaggerate or amend key quote fields to obtain a lower price thus exposing insurance providers to additional risks that they haven’t priced for,” says Chris Gillighan, Somerset Bridge Managing Director. “While we’ve been proactively addressing this issue for some time now, we’ve been looking at how an enhanced quote manipulation service could improve our existing capabilities. Percayso’s solution will undoubtedly better position us to determine potential fraudulent activity, identify if a risk is right for our business and price accordingly.”
Quote manipulation functionality will be delivered via Percayso’s Risk Hub, accessed via Percayso’s data enrichment API, while its newly launched no-code solution Percayso Inform Manager&nbsp;will enable authorised Somerset Bridge team members to author, manipulate and deploy rule sets from their desktop computing environments.
The infrastructure that Percayso has built has the capability to handle millions of transactions a day, delivering responses in milliseconds.
&nbsp;“Our goal is to provide better data solutions, delivered differently for better insurer outcomes – and that includes enabling insurance providers to take back control of their rating and data enrichment strategies,” says Percayso Inform Managing Director, Richard Tomlinson. “Our new solution for Somerset Bridge will represent a big step forward in their ability to identify quote manipulation activity. They are a forward-looking business which is committed to ensuring that honest customers are treated fairly and not made to pay for the fraudulent activity of those who aren’t. We’re delighted to be able to support them.”

Percayso Inform to deliver no-code quote manipulation solution for Somerset Bridge

We are delighted to announce that we have been selected for this years Insurtech 100 compiled by&nbsp;<a href="https://www.linkedin.com/company/fintech-global/">FinTech Global</a>.&nbsp;
This involves a rigorous multi stage selection process so we are really proud to be part of this prestigious list, it’s a testament to all the hard work the Percayso team have been doing over the past 3+ years.
Great to see a good selection of our clients, partners and clients to be on this list also!
Get in touch in the ‘lets talk’ section at&nbsp;<a href="https://www.percayso-inform.com/lets-talk/">www.percayso-inform.com/lets-talk</a>
See our Linkedin post here: <a href="https://www.linkedin.com/posts/percayso-inform_insurtech-100-reveals-the-companies-all-players-activity-6859055182379151361-s3qV">https://www.linkedin.com/posts/percayso-inform_insurtech-100-reveals-the-companies-all-players-activity-6859055182379151361-s3qV</a>

Insurtech 100 selection

Percayso Inform, is proud to announce that it has selected&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://eu-west-1.protection.sophos.com?d%3Dsparklinglogic.com%26u%3DaHR0cHM6Ly93d3cuc3BhcmtsaW5nbG9naWMuY29tLw%3D%3D%26i%3DNWY4NmM2MTg0YTZjZGEwZTIwNWY2ZjIw%26t%3DVnZGVE5JbFBGY2FURXhiSGVpYWFLcEM1UmhhbTg3VCt5SjVJRC93dFhxQT0%3D%26h%3Db53987a77d73492f9be0e210aac2a5a0&amp;source=gmail&amp;ust=1635846811242000&amp;usg=AFQjCNEWBy4GkeoLsMrjUcpD58r0Wl_cZg" rel="noopener noreferrer" href="https://eu-west-1.protection.sophos.com/?d=sparklinglogic.com&amp;u=aHR0cHM6Ly93d3cuc3BhcmtsaW5nbG9naWMuY29tLw==&amp;i=NWY4NmM2MTg0YTZjZGEwZTIwNWY2ZjIw&amp;t=VnZGVE5JbFBGY2FURXhiSGVpYWFLcEM1UmhhbTg3VCt5SjVJRC93dFhxQT0=&amp;h=b53987a77d73492f9be0e210aac2a5a0">Sparkling Logic</a>&nbsp;as a key partner in the delivery of Percayso Inform Manager – its newly launched no-code quote manipulation solution.
Percayso selected Sparkling Logic SMARTS™ as the decision engine to support this ground-breaking solution for UK insurers, MGAs and brokers.
SMARTS is a cloud-based, low-code/no-code, AI-powered business decision management platform that unifies authoring, testing, deployment and maintenance of operational decisions. SMARTS combines highly scalable inference engines with predictive analytics and machine learning models and low-code functionality to create intelligent decisioning systems.
&nbsp;“Sparkling Logic stood out from the crowd. The functionality, configurability and ease of use of SMARTS ticked all our boxes but what really impressed us was the genuine desire by their team to create a true partnership and build a foundation from which we could both grow together,” says Percayso Inform Managing Director, Richard Tomlinson. “Working together we have delivered a unique proposition for insurance providers – one that means they no longer have to rely on external third parties to hard-code changes to their data enrichment, rating and intelligence strategies. The potential competitive advantage this could deliver is huge.”
Percayso Inform Manager allows insurance providers of all shapes and sizes from start-ups to global insurance businesses across personal and commercial lines to dynamically and intuitively build, adapt and optimise their own data enrichment, rating and intelligence strategies. It enables high volume data ingestion, rules configuration, operational and strategic decision management as well as a string of valuable features such as reporting, dashboards, champion challenger, data manipulation and more.
“From the start of our discussions, we were very excited to work with Percayso Inform, which for us is an example of real transformation in the modern insurance industry, driven by data and automation,” said Co-Founder and Chief Product Officer of Sparkling Logic, Carole-Ann Berlioz. “Their vision is bold, their strategy is clear, and their solution is innovative. It is always an honour for us to work with such game changers.”
About Sparkling Logic
Sparkling Logic is a Silicon Valley company dedicated to helping businesses automate and improve the quality of their operational decisions with a powerful digital decisioning platform, accessible to business analysts and ‘citizen developers’. Sparkling Logic’s customers include global leaders in financial services, insurance, healthcare, retail, utility, and IoT.
Sparkling Logic was honoured by CIO Review as one of the Most Promising Fintech Services and Consulting Companies in 2021.
Learn more at&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://eu-west-1.protection.sophos.com?d%3Dsparklinglogic.com%26u%3DaHR0cHM6Ly93d3cuc3BhcmtsaW5nbG9naWMuY29tLw%3D%3D%26i%3DNWY4NmM2MTg0YTZjZGEwZTIwNWY2ZjIw%26t%3DVnZGVE5JbFBGY2FURXhiSGVpYWFLcEM1UmhhbTg3VCt5SjVJRC93dFhxQT0%3D%26h%3Db53987a77d73492f9be0e210aac2a5a0&amp;source=gmail&amp;ust=1635846811242000&amp;usg=AFQjCNEWBy4GkeoLsMrjUcpD58r0Wl_cZg" rel="noopener noreferrer" href="https://eu-west-1.protection.sophos.com/?d=sparklinglogic.com&amp;u=aHR0cHM6Ly93d3cuc3BhcmtsaW5nbG9naWMuY29tLw==&amp;i=NWY4NmM2MTg0YTZjZGEwZTIwNWY2ZjIw&amp;t=VnZGVE5JbFBGY2FURXhiSGVpYWFLcEM1UmhhbTg3VCt5SjVJRC93dFhxQT0=&amp;h=b53987a77d73492f9be0e210aac2a5a0">sparklinglogic.com</a>&nbsp;and&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://eu-west-1.protection.sophos.com?d%3Dlinkedin.com%26u%3DaHR0cHM6Ly93d3cubGlua2VkaW4uY29tL2NvbXBhbnkvc3BhcmtsaW5nbG9naWMv%26i%3DNWY4NmM2MTg0YTZjZGEwZTIwNWY2ZjIw%26t%3DcDJ1THBKY2tYQ2FHZGVBWDhpU0tzT21YUDFyc0tua0ZTVlBrTzFJTkZwMD0%3D%26h%3Db53987a77d73492f9be0e210aac2a5a0&amp;source=gmail&amp;ust=1635846811242000&amp;usg=AFQjCNE8cEgRPGy2guiqLHKgG_3ukLOGrA" rel="noopener noreferrer" href="https://eu-west-1.protection.sophos.com/?d=linkedin.com&amp;u=aHR0cHM6Ly93d3cubGlua2VkaW4uY29tL2NvbXBhbnkvc3BhcmtsaW5nbG9naWMv&amp;i=NWY4NmM2MTg0YTZjZGEwZTIwNWY2ZjIw&amp;t=cDJ1THBKY2tYQ2FHZGVBWDhpU0tzT21YUDFyc0tua0ZTVlBrTzFJTkZwMD0=&amp;h=b53987a77d73492f9be0e210aac2a5a0">LinkedIn</a>&nbsp;or contact Hassan Lâasri&nbsp;<a rel="noopener noreferrer" href="mailto:hlaasri@sparklinglogic.com">hlaasri@sparklinglogic.com</a>

New key partnership to deliver Percayso Inform Manager

Percayso Inform, has launched a ground-breaking new product designed to enable insurance providers to take back control of their data enrichment, rating and quote manipulation strategies.
In what is a first for the insurance industry, Percayso Inform Manager allows insurers, MGAs and brokers to dynamically and intuitively build, adapt and optimise their data enrichment, rating and intelligence strategies
“Most insurance providers’ data enrichment strategies are reliant to some degree or other on external third parties, which means that any change – no matter how small – can take months to implement and cost thousands,” says Percayso Managing Director, Richard Tomlinson. “We’re committed to helping insurance providers make a step change in their customer insight and Percayso Inform Manager will do just that by enabling them to make changes themselves in real time and immediately benefit from the impact of that change rather than be at the mercy of a third party provider’s timescales.”
Percayso Inform Manager is a no-code solution that allows insurers, MGAs and brokers of all shapes and sizes from start-ups to global insurance businesses across personal and commercial lines to dynamically and intuitively build, adapt and optimise their own data enrichment, rating and intelligence strategies.
It enables high volume data ingestion, rules configuration, operational and strategic decision management as well as a string of valuable features such as reporting, dashboards, champion challenger, data manipulation and more.
Tomlinson concludes: “Whether the aim is to reduce claims, cancellations and fraud, or improve loss ratio and conversions we’re enabling insurance providers to react quickly to changing market or business conditions. Percayso Inform Manager will save them time, resource and money – the potential competitive advantage this could deliver is huge.”