CASE STUDY: Ageas Insurance Solutions achieves lowest debt levels
In just six months, insurance broker Ageas Insurance Solutions substantially reduced customer debt, thus helping to improve profitability. The results came through a concerted effort to address debt caused by policy cancellations. Through their Collections & Recoveries Healthcheck consultancy service, Fraudscreen were asked to review the processes and recommend improvements. As a result of implementing these recommendations Ageas reduced debt levels to their lowest ever point. cs-ageasRisk
Effective credit and insurance risk management when you:
- See who will or won't pay
- Improve marginal credit decisions
- Enhance pricing models
- Reduce loss ratios
Available as individual level or geographic only solutions.
Marketing
Make sound recruitment and retention decisions that:
- Reduce marketing costs
- Improve channel performance
- Keep profitable customers
- Trigger cross and up-sell
Use for outbound or inbound marketing activity.
Collections
Effect a strategic approach to collections that will:
- Recover payments faster
- Prioritise calls & resource
- Tailor communications
- Treat customers fairly
- Protect brand reputation
Ideal for pre-delinquency, collections & late recoveries.
