Alliance will present insurers with extra versatile and correct danger evaluation for all times insurance coverage, permitting for higher concentrating on and personalised presents.
FICO, a world chief in analytics software program, has partnered with dacadoo, a number one supplier of digital wellness monitoring and well being danger quantification options. This collaboration goals to reinforce how insurance coverage firms assess and handle danger, promote well being and wellness, and enhance buyer engagement.
By means of this partnership, dacadoo will combine FICO’s superior AI, analytics, and determination administration capabilities from the FICO® Platform with its well being danger quantification engine. This integration will allow insurers to conduct extra exact and personalised danger assessments for candidates, permitting them to higher align insurance policies and pricing with particular person wants.r align insurance policies and pricing with particular person wants.
Extra data: https://www.fico.com/en/fico-platform
“We’ve delivered to market an progressive answer that permits insurers to focus on their life insurance coverage merchandise at particular profiles,” mentioned Peter Ohnemus, dacadoo’s president & CEO. “By means of our new partnership with FICO, insurers will be capable to use extra dynamic information to evaluate the danger of every applicant, and to design extremely personalised insurance coverage merchandise for his or her prospects utilizing superior determination science. They’ll use the FICO capabilities to reinforce their danger modelling and create extra advanced determination timber. We’re giving insurers an entire new stage of danger evaluation precision to assist them construct their portfolio.”
The partnership permits insurers to transition from conventional, static underwriting fashions to a dynamic, behavior-based method. This shift helps cut back operational prices, improve buyer loyalty, and enhance danger administration, in the end driving long-term profitability. With over 80% of insurers recognizing improved underwriting and buyer expertise as crucial priorities, this collaboration gives important capabilities equivalent to:
- Hyper-personalized danger scoring and underwriting
- Behavioral engagement and wellness-driven coverage fashions
- Actual-time decision-making for claims and onboarding
- Predictive modeling for claims, lapses, and buyer lifetime worth
The 2 corporations estimate that insurers may obtain a 20–30% enhance in buyer lifetime worth and a 30–50% discount in underwriting time by their mixed options.
“We see the dacadoo platform as a game-changer,” mentioned Alexandre Graff, vp for world companions and alliances at FICO. “It not solely helps insurers develop their enterprise responsibly, it helps individuals higher handle their well being by the digital well being engagement platform. We see super alternatives to infuse FICO’s experience in AI and determination administration into dacadoo’s platform and create a greater final result for insurers and people.”
About dacadoo
dacadoo is a Swiss-based expertise firm that develops expertise options for digital well being engagement and well being danger quantification. Our Enterprise SaaS primarily based digital well being engagement platform (DHEP) is a mobile-first answer that leverages behavioral science, AI, and gamification to assist end-users enhance their well being outcomes whereas serving to shoppers to enhance buyer engagement and loyalty by personalization. This platform is out there in over 18 languages and may be licensed as a white label providing or by APIs to develop/improve customized options. Our award-winning Threat Engine, which calculates relative danger on mortality and morbidity in real-time, can also be accessible for license by APIs. dacadoo’s world workers are dedicated to creating the world a more healthy place. We strongly worth safety and privateness, with an Data Safety and Privateness Administration System licensed to ISO 27001 and ISO 27701 requirements. Be taught extra: https://www.dacadoo.com/
About FICO
FICO (NYSE: FICO) powers choices that assist individuals and companies world wide prosper. Based in 1956, the corporate is a pioneer in the usage of predictive analytics and information science to enhance operational choices. FICO holds greater than 200 US and overseas patents on applied sciences that enhance profitability, buyer satisfaction, and development for companies in monetary companies, insurance coverage, telecommunications, well being care, retail, and plenty of different industries. Utilizing FICO options, companies in additional than 80 international locations do the whole lot from defending 4 billion cost playing cards from fraud to bettering monetary inclusion to rising provide chain resiliency. The FICO® Rating, utilized by 90% of prime US lenders, is the usual measure of client credit score danger within the US and has been made accessible in over 40 different international locations, bettering danger administration, credit score entry, and transparency.
Be taught extra at https://www.fico.com
Be a part of the dialog at https://x.com/FICO_corp & https://www.fico.com/blogs/
For FICO information and media assets, go to https://www.fico.com/newsroom
FICO is a registered trademark of Truthful Isaac Company within the U.S. and different international locations.
Contacts
Contact – FICO
Julie Huang
press@fico.com
Contact – dacadoo
Masako Boskovski
masako.boskovski@dacadoo.com
+41-44-251-23-23
Alliance will present insurers with extra versatile and correct danger evaluation for all times insurance coverage, permitting for higher concentrating on and personalised presents.
FICO, a world chief in analytics software program, has partnered with dacadoo, a number one supplier of digital wellness monitoring and well being danger quantification options. This collaboration goals to reinforce how insurance coverage firms assess and handle danger, promote well being and wellness, and enhance buyer engagement.
By means of this partnership, dacadoo will combine FICO’s superior AI, analytics, and determination administration capabilities from the FICO® Platform with its well being danger quantification engine. This integration will allow insurers to conduct extra exact and personalised danger assessments for candidates, permitting them to higher align insurance policies and pricing with particular person wants.r align insurance policies and pricing with particular person wants.
Extra data: https://www.fico.com/en/fico-platform
“We’ve delivered to market an progressive answer that permits insurers to focus on their life insurance coverage merchandise at particular profiles,” mentioned Peter Ohnemus, dacadoo’s president & CEO. “By means of our new partnership with FICO, insurers will be capable to use extra dynamic information to evaluate the danger of every applicant, and to design extremely personalised insurance coverage merchandise for his or her prospects utilizing superior determination science. They’ll use the FICO capabilities to reinforce their danger modelling and create extra advanced determination timber. We’re giving insurers an entire new stage of danger evaluation precision to assist them construct their portfolio.”
The partnership permits insurers to transition from conventional, static underwriting fashions to a dynamic, behavior-based method. This shift helps cut back operational prices, improve buyer loyalty, and enhance danger administration, in the end driving long-term profitability. With over 80% of insurers recognizing improved underwriting and buyer expertise as crucial priorities, this collaboration gives important capabilities equivalent to:
- Hyper-personalized danger scoring and underwriting
- Behavioral engagement and wellness-driven coverage fashions
- Actual-time decision-making for claims and onboarding
- Predictive modeling for claims, lapses, and buyer lifetime worth
The 2 corporations estimate that insurers may obtain a 20–30% enhance in buyer lifetime worth and a 30–50% discount in underwriting time by their mixed options.
“We see the dacadoo platform as a game-changer,” mentioned Alexandre Graff, vp for world companions and alliances at FICO. “It not solely helps insurers develop their enterprise responsibly, it helps individuals higher handle their well being by the digital well being engagement platform. We see super alternatives to infuse FICO’s experience in AI and determination administration into dacadoo’s platform and create a greater final result for insurers and people.”
About dacadoo
dacadoo is a Swiss-based expertise firm that develops expertise options for digital well being engagement and well being danger quantification. Our Enterprise SaaS primarily based digital well being engagement platform (DHEP) is a mobile-first answer that leverages behavioral science, AI, and gamification to assist end-users enhance their well being outcomes whereas serving to shoppers to enhance buyer engagement and loyalty by personalization. This platform is out there in over 18 languages and may be licensed as a white label providing or by APIs to develop/improve customized options. Our award-winning Threat Engine, which calculates relative danger on mortality and morbidity in real-time, can also be accessible for license by APIs. dacadoo’s world workers are dedicated to creating the world a more healthy place. We strongly worth safety and privateness, with an Data Safety and Privateness Administration System licensed to ISO 27001 and ISO 27701 requirements. Be taught extra: https://www.dacadoo.com/
About FICO
FICO (NYSE: FICO) powers choices that assist individuals and companies world wide prosper. Based in 1956, the corporate is a pioneer in the usage of predictive analytics and information science to enhance operational choices. FICO holds greater than 200 US and overseas patents on applied sciences that enhance profitability, buyer satisfaction, and development for companies in monetary companies, insurance coverage, telecommunications, well being care, retail, and plenty of different industries. Utilizing FICO options, companies in additional than 80 international locations do the whole lot from defending 4 billion cost playing cards from fraud to bettering monetary inclusion to rising provide chain resiliency. The FICO® Rating, utilized by 90% of prime US lenders, is the usual measure of client credit score danger within the US and has been made accessible in over 40 different international locations, bettering danger administration, credit score entry, and transparency.
Be taught extra at https://www.fico.com
Be a part of the dialog at https://x.com/FICO_corp & https://www.fico.com/blogs/
For FICO information and media assets, go to https://www.fico.com/newsroom
FICO is a registered trademark of Truthful Isaac Company within the U.S. and different international locations.
Contacts
Contact – FICO
Julie Huang
press@fico.com
Contact – dacadoo
Masako Boskovski
masako.boskovski@dacadoo.com
+41-44-251-23-23
