Selecting the right data aggregation platform can transform an insurer’s operations, improving both efficiency and effectiveness. With countless options available, it’s crucial to prioritize features that deliver real-world benefits and align with industry demands. Here are the top five features every insurer should look for:
AI-powered video analysis is vital for accurate incident evaluations and fraud prevention. By providing context—such as revealing whether hard braking occurred due to reckless driving or unavoidable circumstances—this feature builds trust and enables better decision-making.
Immediate access to real-time data allows insurers to monitor driving behavior and respond proactively to risks. For example, real-time insights can help fleet operators address issues like speeding or distracted driving before they lead to claims.
Safety scores offer a detailed overview of driver behavior. By tailoring these metrics to specific business goals, insurers can reward safe drivers, coach high-risk individuals, and align policies with company objectives.
A robust API ensures the platform integrates smoothly with existing systems, simplifying key workflows such as underwriting, claims management, and reporting. This not only reduces manual effort but also enhances overall efficiency.
Comprehensive reporting provides actionable insights for underwriting and risk management. Insurers can identify trends, evaluate risks, and use this information to design personalized policies or highlight high-risk areas.
Platforms like Manifold combine these features into one seamless solution, making it an excellent choice for insurers who want to streamline their operations, maximize ROI, and stay competitive. By focusing on platforms with these capabilities, insurers can position themselves as industry leaders.
Does your platform have what it takes? Explore how Manifold delivers all the essential features to optimize your operations. Request a Demo Now!