AA Underwriting has deployed Percayso’s vehicle intelligence claims tool, Companion, across its motor insurance claims processes over the past year and is now extending its relationship to access Percayso’s granular vehicle-by-vehicle data. This move aims to streamline and enhance its pricing strategies and underwriting capabilities.
The decision follows an extensive review of current data providers in the market, including wide-ranging testing to compare their performance for AA Underwriting Ltd.
Paul Wilyman, Head of Underwriting at AA Underwriting Ltd, commented: “Our claims team has seen a number of benefits from using Percayso’s Companion vehicle intelligence tool over the past year. It has provided them with the information needed to settle claims faster and more accurately, delivering a better experience for our customers.
“This experience encouraged us to explore how we could further enhance our data capabilities at the point of quote to better inform our underwriting decisions, ensuring sustainable, profitable business and fair pricing for our customers. Having reviewed the various options in the market, Percayso’s data was analytically proved to be the most valuable. We were impressed with its wealth of data and the ease with which we could integrate it into our quote process.”
Percayso’s motor intelligence platform is the largest such database in the UK, combining historical vehicle data with information from motor trade retail sales, DVLA, DVSA, and MOT history. This provides a holistic view of any vehicle, underpinning efficient pricing strategies.
Kieran Fisher, Account Director at Percayso, said: “We’re committed to delivering the intelligence that motor insurance providers need to help underwrite policies competitively and ultimately write better business. We’re delighted to be able to extend our working relationship with AA Underwriting Ltd and look forward to supporting Paul and his team over the coming months.”
