Insurance intelligence provider, Percayso Inform, today announces that it has kicked off a new partnership with Cazana.
Cazana offers insurance companies access to the largest global vehicle history database. By using big data and predictive analytics, Cazana analyses millions of automotive transactions daily to assess the value and risk associated with every vehicle on the road. Cazana’s systems are used globally by manufacturers, finance companies, dealerships and insurers alike.
This new strategic partnership is already providing Percayso Inform with access to the millions of data points gathered and analysed by Cazana, from MOT history and sales events to valuations and vehicle specifications including any ADAS features, all delivered to the Percayso hub via APIs.
For insurers and brokers alike the detail on ADAS systems fitted as OE by manufacturers, or specified by car owners, is important to have. It can often give deeper insights into how the vehicle is being driven; not only at the point of the incident, but in the weeks or months leading up to it.
Ian Lilley, Head of Partnerships at Percayso Inform, comments: “Cazana’s technology captures vehicle data from across the globe providing unprecedented insight into individual vehicles and trends. Partnering with them has enabled us to further enrich the data that we already had access to and we are now delivering even more powerful customer insight that can be used to support the pricing and fraud prevention strategies deployed by motor insurers, brokers and MGAs alike and ultimately improve motor loss ratios.”
Cazana’s UK Insurance Lead, Kieran Fisher, says: “We are thrilled to be working with Percayso Inform and are already seeing doors open. We are in no doubt that, with our market leading data combined with Percayso Inform’s next generation insurance intelligence solution, this partnership will only grow to the further benefit of both companies in the coming years as we continue to grow our dataset offerings and get even more embedded within the UK and global Insurance sector.”