IIL links up with CDL to fight fraud

big-data-screen

CDL has confirmed that it is working with data provider Insurance Initiatives Limited (IIL) to launch an enriched data service, designed to aid accurate policy pricing by verifying consumer data.

According to IIL, its Informed Quotes product will give participating insurers access to data derived from the claims and underwriting exchange and consumers to use as part of their underwriting process.

Rick Slater, CDL general manager, said: "This is an important development for the non-direct insurance market and will provide great benefits to CDL brokers.

"Enriched data helps to fight application fraud and assists insurers to price risk accurately. Our brokers will see competitive rates for

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