3 Auto Insurance Fraud Scenarios – What Every Person Should Know

July 11, 2019

Many Canadians are not even aware that there are many ways that you can become a victim of organized insurance fraud. It can result in huge insurance claim costs paid by your insurer and consequently, your premiums going up. Or, it could be even worse – you could be injured during an auto fraud accident! InsurEye’s infographic demonstrates the 3 most frequent auto insurance fraud scenarios to help Canadians to recognize and avoid them.

Spotlight

Idelic

Idelic is a software provider born from trucking and dedicated to driving the best possible insurance outcomes for fleets. Process and technology join together in the Idelic Program, a tool built and proven successful among insurers and fleets alike. The Idelic Program leverages predictive analytics that identify risky drivers coupled with professional development plans to help change behaviors and provide insurers with proof of sustainable improvements in crash reduction to negotiate better rates. Fleets, on average, see a 20% reduction in accidents within the first year on the Idelic Program. We are a team of experienced industry and technical experts who understand the specific trucking industry and insurance needs. We don’t over-engineer our products and pride ourselves on listening to our customers by providing solutions tailored to solve their real problems.

Other Infographics
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7 Warnings About Guaranteed Issue Life Insurance

Infographic | February 28, 2020

Think of this as your overview to GI. Guaranteed issue policies are unique, so you will want to have a clear understanding of what you are buying. There are 7 important warnings you need to know about guaranteed issue life insurance.

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Insurance Companies to Improve their Customer Experience

Infographic | June 30, 2022

Customer experience is the single most crucial factor determining loyalty 85% of insurers are using CX initiatives throughout the customer journey & 90% have a c-suite position dedicated to the consumer experience

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Interesting cyberattacks of 2019 that all reinsures Should Know About

Infographic | January 23, 2020

With the number of cyber-attacks on the rise, it’s natural to think that this increase of cyber-attacks is due to new actors and technological developments, said Yakir Golan, the CEO of Kovrr, the Tel Aviv-based provider of predictive cyber risk modeling solutions. “The truth of the matter is, cyber attacks are very often a modified version of an old attack. Whether it’s the same attack vector, same tools or the same vulnerability with a new exploitation, similar types of attacks, methods and techniques are likely to reappear in the near future and re/insurers should be prepared and on the lookout for how they can affect their portfolios,” added Golan.

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Why Invest in Customer Care in Your Insurance Business

Infographic | March 6, 2020

Companies choose to outsource some of their business processes as it helps reduce operational costs. The outsourcing industry also created thousands of jobs to help people. In fact, a huge percent of the working class is working on various BPO companies around the world. If it has pros, it also has its fair share of cons which business owners can avoid if they take effort in choosing the right service provider.

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Why Does My Insurance Go Up?

Infographic | February 4, 2020

Do you know the difference between a Hard Insurance Market vs a Soft Insurance Market and the impact it has on your insurance rates? Check out the info-graphic below explaining the difference between the two. Soft insurance markets tend to lead to good conditions for buying insurance, while hard markets tend to lead to the opposite or bad conditions for buying insurance, IE higher costs. What market are we currently in you ask? In short, we are currently in a soft insurance market that is beginning to harden.

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CYBER INSURANCE DRIVERS OF LOSS

Infographic | January 8, 2020

The technology risks and manifestations are potentially interconnected, e.g. a breach could be caused by a staff error which leads to extortion which rejected leads to interruption.

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Spotlight

Idelic

Idelic is a software provider born from trucking and dedicated to driving the best possible insurance outcomes for fleets. Process and technology join together in the Idelic Program, a tool built and proven successful among insurers and fleets alike. The Idelic Program leverages predictive analytics that identify risky drivers coupled with professional development plans to help change behaviors and provide insurers with proof of sustainable improvements in crash reduction to negotiate better rates. Fleets, on average, see a 20% reduction in accidents within the first year on the Idelic Program. We are a team of experienced industry and technical experts who understand the specific trucking industry and insurance needs. We don’t over-engineer our products and pride ourselves on listening to our customers by providing solutions tailored to solve their real problems.

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