Confianza Crime Outperforms FBI for Loss Signaling and Propensity

Confianza is offering a Unique and Powerful Crime data set that is significantly outperforming FBI Crime for Loss Propensity when measured against Actual Policy Loss Activity. Three Data sets: 1) National Incident-Based Reporting System (NIBRS) in combination with the 2) Inter-University Consortium for Political and Social Research (ICPSR) is an incident-based reporting system used by local, state & federal law enforcement agencies in the United States for collecting and reporting data on crimes, 3) 911 Blotter, to complete the full picture of crime activity.

Confianza Crime Advantages over FBI Crime

·       Confianza Crime data goes much deeper because of its ability to provide circumstances and context for crimes like location, time of day, and whether the incident was cleared.

·       Data is collected on every incident (not just arrests) including information on victims, known offenders, relationships between victims and offenders, arrestees, and property involved in crimes.  Note that FBI Crime has lost predictability due to limited/selective incident reporting and collection methods.

·       Confianza Crime measures down to the Zip + 9 (near block level) Geographic granularity improvements versus FBI Crime, which is at the zip code level.

Confianza Crime is naturally weighted, showing complete picture “Very high” levels  

FBI Crime, with selected incident reporting, showing “Average” Levels

Product Attributes: Quintile Range: 1-5 / Raw Scores: 1-200

1. Total Crime Score Index               

2. Murder

3. Rape

4. Assault

5. Burglary

6. Larceny

7. Motor Vehicle Theft

8. Gang Violence

9. Cyber: Includes Identity Theft, Hacking, Computer Invasion

·       Required: POC data set to include Actual Loss Activity – both Frequency and severity

Delivery & Availability

·        High performance, modern API’s

·        Batch process via secure ftp (preferred for one-time Modeling / Portfolio Analysis)

About Confianza:

·       Driving profitable growth with instant 360 views of the Business, Principal, Risk & Exposure.

Confianza’s AI/ML Predictive Loss Analytics and Data Overview:

o   Business Firmographics:

o   Highest match & fill rates of NAICS Code, Sales (Gross & Net), Year established, Bankruptcy indicators, sourced from Secretary of State, IRS Records and URL / Website key words.

o   Crime data:

o   Includes all Incidents and at the near block level, outperforming FBI for Loss signaling propensity sourced from NIBRS, ICPSR & 911 Blotter

o   Non-FRCA Principal / Business Owner Risk & Behavior:

o   Non-FCRA Financial strength, Credit proxy & Personal Assets data sourced from Bank & Credit Card Purchase history. Supplemental to NAICS Code to validate business Operations based on material and purchase categories.

o   Property Risk & Exposure:

o   Property Replacement Cost (RCE) to solve the undervaluation problem

o   Lessor’s Risk Occupancy and Proximital “Risky” businesses

o   Vehicle Vin, Registration & Driver Violation History

o   DPPA regulated, thus requiring permissible purpose to access data

o   Solutions:

o   Premium Leakage / Fraud Model / Portfolio Optimization

o   Targeted Risk Selection / Faster Assessment & Knockout