For Car Insurers
Data to help with claims
Marketcheck is integral to car insurers in the UK, offering pivotal data for valuations and market insights that are essential for precise risk assessment, policy pricing, and efficient claims management.
Car Valuations
Accurate Value Assessment
Ascertain the current value of vehicles accurately to establish a reliable baseline for insurance policies.
Market Comparison
Gauge valuations against the retail value of similar cars currently for sale, ensuring policies reflect real-world prices.
Market-aligned Updates
Continually adjust valuations to mirror the latest retail market values, maintaining policy relevance over time.
Free Trial
All our products come with a free trial.
Customised for your specific needs.
Validate Car Listing History by VRM
Verifying the history of a car through its Vehicle Registration Mark (VRM) in the UK is very important for car insurance companies due to several reasons:
Fraud Mitigation
Employ VRM checks to validate a car’s history, crucial for preventing insurance fraud.
Risk Profiling
Analyse a vehicle’s past to accurately assess its risk profile, informing policy terms and pricing.
Claims Verification
Utilise historical data to corroborate claims, streamlining the validation process and enhancing accuracy.
Pricing Precision
Price insurance products more accurately by understanding the full background of each vehicle.
Data Intelligence
The integration of VRM validation into an insurer’s processes is not just about compliance or fraud prevention; it’s a comprehensive approach to refine policy pricing, reduce risk exposure, and strengthen claims validation.
Discover how Market Check can revolutionise your risk management strategies. Learn more about our data services and take the first step towards transforming your insurance offerings.