Demystifying Credit-Based Insurance Scores
Description
Fair Isaac's credit-based insurance scores provide insurers with fast, fair, objective and consistent risk assessment. Also known as insurance scores, they are available from all of the leading credit reporting agencies in the US and from Equifax of Canada. In this interactive seminar, you’ll learn more about insurance scores including how they were developed, how they work, why they work, and how they are used in insurance marketing, underwriting, pricing and book management decisions.
Demystifying Credit-Based Insurance Scores is a custom half-day seminar designed specifically to meet your organization’s training requirements. You provide the audience and meeting location, and Fair Isaac provides an expert trainer and the seminar materials. The seminar content is tailored to your organization’s needs and objectives. Attendees will receive detailed binders that they can take away from the seminar for future reference.
What you will learn
This seminar will “demystify” insurance scores by answering the most frequently asked questions and by covering the following topics:
- Scoring principles and terminology
- How Fair Isaac develops credit-based insurance scores
- How inquiries affect scores
- Why some files do not receive scores
- Factors causing a low score and how scores can (and can’t!) be raised
- The process for correcting credit file information
- How Fair Isaac’s current generation insurance scores meet all US state regulatory and legal requirements
Who should attend
Insurance professionals from underwriters to product managers to senior managers, including those new to insurance scores and those simply interested in fine–tuning their understanding and their company's use of scores.
Dates, Locations, Fees and Questions
To find our more about arranging to have this seminar brought to your organization, please contact us.