CreditVision Lapse Predictor: Long- and Short-Term Insurance

Strong insights for smart decisions

Segment better, price more strategically and retain profitable customers

Predict the likelihood of a consumer lapsing on their policy within the first six months of inception or renewal on brokered and direct policies.

An easy-to-use online platform

Access rich data to prevent high acquisition costs and policy lapses.

New modelling techniques and algorithms

By combining enhanced algorithms, new modelling techniques and trended data, CreditVision Lapse Predictor helps score and predict the risk of customers lapsing on new or renewed policies — even for delinquent and thin-file customers.

Detailed reason codes and insights

The CreditVision Lapse Predictor model output includes adverse reason codes that explain each score for an improved customer experience.

Quick response time

Once you’ve loaded the current or prospective policyholder’s details onto our online platform, you will receive your CreditVision Lapse Predictor output almost instantly.

For more information, contact your account executive. Alternatively, fill in the form below and one of our representatives will be in contact.

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