Aviva, a leading insurance provider, has partnered with Percayso Inform to enhance its insurance data enrichment capabilities. The multi-year deal will see Aviva utilize Percayso’s market-leading vehicle data enrichment solutions to support its personal and commercial lines propositions. Percayso’s vehicle intelligence platform combines historic vehicle data with information from motor trade retail sales, DVLA, DVSA, and MOT history to provide a complete picture of any vehicle. This will enable Aviva to access the largest vehicle data history database in the UK, allowing for more accurate and risk-reflective premiums.
The partnership will see Aviva use Percayso’s data solutions in its pricing, underwriting, and claims operations. The package offers real-time capability and flexibility to support different use cases within Aviva across personal and commercial lines. According to Matt Fothergill, Chief Underwriting Officer, Personal Lines (interim) at Aviva, working with Percayso will allow Aviva to take into account individual vehicle features, enabling them to provide more accurate and risk-reflective premiums to their customers.
Percayso Commercial Director, David Kelly, commented that the partnership is a testament to the quality of their data. He stated that they are dedicated to providing the insights insurance providers need to underwrite policies competitively and more accurately, and help settle claims quickly and fairly for their customers. The partnership is expected to support Aviva’s various teams over the coming months, with Percayso providing the necessary data solutions to enhance Aviva’s insurance operations.
The partnership between Aviva and Percayso Inform is a significant win for Percayso, as it demonstrates the quality and value of their data solutions. The deal is expected to have a positive impact on Aviva’s operations, enabling them to provide more accurate premiums and improve their claims settlement process. With Percayso’s data solutions, Aviva will be able to make more informed decisions, leading to better outcomes for their customers. Overall, the partnership is a win-win for both companies, with Percayso providing high-quality data solutions and Aviva gaining a competitive edge in the insurance market.