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- Partnerships and Memberships
Confianza is proud to partner with the following businesses:
- NEW Category: Cyber Crime
Confianza Crime Demonstrates strong signaling for Loss 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 Total Crime Score Index Murder Rape Assault Burglary Larceny Motor Vehicle Theft Gang Violence Cyber: Includes Identity Theft, Hacking, Computer Invasion Delivery & Availability · REST API Transactions · Batch process via secure ftp (preferred for one-time Modeling / Portfolio Analysis) · Nationwide availability Costs: · POC / Batch discounted pricing for one-time Modeling /Portfolio Analysis · Monthly Subscription fees based on volume tier transaction Pricing About Confianza: · Driving profitable growth with instant 360 views of the Business, Principal, Risk & Exposure. Data: · Our Comprehensive & unique datasets are comprised of over 30 data types from more than 70 sources, fully integrated into a single database, containing five (5) core entities: 1. All Businesses (74M-including NAICS, Sales, EE’s, Year started) 2. Adults/Business Principals (360M-including purchase history & Financial strength) 3. Household Demographics(includes income levels, assets, Drivers) 4. All Assets with VIN / registration details (282M) 5. All Properties (199M) + characteristics, fire protection, Weather Perils. AI/Machine Learning Predictive Analytic layers & Modeling/Calculators: · Confianza Crime at the block level(Strong loss signaling) · Business Credit, Financial Stability & Risk Scoring · Loss Propensity / Fraud & Premium Leakage: Highly Predictive Variables & indicators. · Property: Replacement Cost Estimator, Permit details, Lessor’s Risk Occupancy
- Enhanced Confianza Crime demonstrates strong signaling for loss, outperforms FBI Crime Data
Confianza Crime Demonstrates strong signaling for Loss 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 Total Crime Score Index Murder Rape Assault Burglary Larceny Motor Vehicle Theft Gang Violence Delivery & Availability · RESTful API Transactions · Batch process via secure ftp (preferred for one-time Modeling / Portfolio Analysis) · Archives available for back testing (10 years – Since 2014), Quarterly basis · Nationwide availability Costs: · POC / Batch discounted pricing for one-time Modeling /Portfolio Analysis · Monthly Subscription fees based on volume tier transaction Pricing About Confianza: · Driving growth & Profitability with an instant customer 360 views of the Business / Principal-Owner, Risk & Exposure. Data: · Our Comprehensive & unique datasets are comprised of over 30 data types from more than 70 sources, fully integrated into a single database, containing five (5) core entities: 1. All Businesses (74M-including NAICS, Sales, EE’s, Year started) 2. Adults/Business Principals (360M-including purchase history & Financial strength) 3. Household Demographics(includes income levels, assets, Drivers) 4. All Assets with VIN / registration details (282M) 5. All Properties (199M) + characteristics, fire protection, Weather Perils. Machine Learning Predictive Analytic layers & Modeling/Calculators: · Confianza Crime at the block level(Strong loss signaling) · Business Financial Stability Credit & Risk Scoring · Loss Propensity / Fraud & Premium Leakage: Highly Predictive Variables & indicators. · Property: Replacement Cost Estimator, Permit details, Lessor’s Co-tenancy Risk Contact Jose Loera SVP Sales @ 404-242-9660 to discuss a complementary POC test jloera@confianzaus.com
- IntellectAI and Confianza Inc., Announce Innovative Partnership to Streamline Targeted Risk Assessment
The insurtech solution provider partners with Confianza to drive smarter risk evaluation and faster submission workflows for P&C insurers Piscataway, NJ, January 16, 2025: IntellectAI , the Insurtech business unit of Intellect Design Arena offering AI and data-powered underwriting solutions, and Confianza, a cutting-edge insurtech that is fast-tracking targeted risk selection and loss ratio improvements for P&C insurers, have announced a partnership to transform the submission and quoting process. With this partnership, Confianza’s predictions and risk scores are used to enhance the underwriting process within IntellectAI’s digital underwriting platform by providing Carriers, Brokers and MGA’s a way to assess and segment risk earlier and faster than ever. Confianza’s unique value proposition in the market provides detailed insight on the business and its operations while also profiling the business principal and consumer, providing underwriters with more holistic insights to make better informed decisions on the actual business risk. IntellectAI’s end-to-end, AI powered underwriting ecosystem assists underwriters in risk assessment and decision making across commercial, specialty and E&S lines. This includes risk clearance, onboarding, and triage. Data and resultant predictive scores like Confianza’s, can be directly integrated into risk processing workflows. As a result, underwriters can make faster and better-informed decisions from submission to quote, improve speed to market, and enhance the broker and client experience. Discussing the partnership, Banesh Prabhu, CEO, IntellectAI , stated, “We are committed to reshaping underwriting processes within the insurance sector. Our collaboration with Confianza and incorporating their targeted risk selection and loss prediction analytics into our ecosystem, is a significant step in realizing this objective.” Prabhu continued, “This partnership empowers insurers with a robust toolset to comprehend and oversee the risks associated with businesses and consumers, enabling them to elevate their decision-making capabilities and strengthen their competitive standing in the market.” “We are incredibly excited to partner with IntellectAI in support of their mission to “digitize” risk by integrating data points and analytical predictions into their intake process, that will ultimately help their clients automate underwriter review and prioritize submissions that are within their risk appetite,” said John Petricelli, Chief Data Officer at Confianza Inc. “We believe this partnership is another formidable movement toward helping insurers achieve profitability and growth by strategically using technology to better segment and categorize risk in the small commercial and personal lines underwriting space.” About Confianza Confianza drives profitable growth leveraging advanced analytics to target Risk Selection and improve loss and expense ratios. Powered by state-of-the-art actionable data in combination with an AI/ML engine, Confianza delivers a 360 view of the business risk and exposure of not only the business but also the principal. Confianza’s comprehensive database spans more than 75 million Businesses, 330 million Adults/Principals, 190 million Properties and Vehicle VIN & registration details. Additional unique data layers & predictive modules include Crime (at the zip+4 level), Business & Consumer Credit, Replacement Cost estimator, Lesssor’s Risk Occupancy, Premium leakage and Fraud among others. www.confianzaus.com About Intellect Design Arena Limited Intellect Design Arena Ltd is an enterprise-grade financial technology leader, providing composable and intelligent solutions for futuristic global financial institutions across 57 countries. Intellect’s revolutionary First Principles Thinking-based Enterprise Connected Intelligence Platform, eMACH.ai , is the most comprehensive, composable, and intelligent open finance platform in the world. With an impressive array of 329 microservices, 535 events, and over 1757 APIs, eMACH.ai enables financial institutions to design and deploy future-ready technology solutions that provide a significant global competitive edge. With three decades of domain expertise, Intellect offers a full spectrum of banking and insurance technology products through four lines of business: Global Consumer Banking (iGCB), Global Transaction Banking (iGTB), IntellectAI and Digital Technology for Commerce (iDTC). Intellect is a pioneer in applying Design Thinking and our 8012 FinTech Design Center, the world's first Design Center dedicated to Design Thinking Principles, underscores our commitment to continuous and impactful innovation, addressing the ever-growing need for digital transformation. We proudly serve over 325+ customers worldwide, supported by a diverse workforce of solution architects and domain and technology experts in major global financial hubs. For more information about Intellect, visit https://www.intellectdesign.com/ IntellectAI is an Insurtech Transformation Partner with contemporary AI and ML solutions, data insights triangulated from thousands of sources, and agile technology, data science and consulting teams that take a strategic approach to tackling the biggest challenges for the industry. https://www.intellectai.com/ For Media related info, please contact: Nachu Nagappan Intellect Design Arena Ltd Mob: +91 89396 19676 Email: nachu.nagappan@intellectdesign.com For Confianza info, Please contact : Jose Loera Confianza Inc. Mobile: 404.242.9660 Email: jloera@confianzaus.com For Investor related info, please contact: Praveen Malik Intellect Design Arena Limited Mob: +91 89397 82837 Email: Praveen.malik@intellectdesign.com
- NIBRS Crime Demonstrates strong signaling for Loss
Confianza is offering NIBRS Crime as a Unique and Powerful data set that is significantly outperforming FBI Crime for Loss Propensity when measured against Actual Policy Loss Activity. National Incident-Based Reporting System ( NIBRS ) in combination with the ICPSR ( Inter-University Consortium for Political and Social Research) 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. NIBRS Crime Advantages over FBI Crime · NIBRS 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. · NIBRS Crime measures down to the Zip + 9 (near block level) Geographic granularity improvements versus FBI Crime, which is at the zip code level. NIBRS Crime is naturally weighted, showing complete picture “Very high” levels FBI Crime, with selected incident reporting, showing “Average” Levels Product Attributes: NIBRS Total Crime Score Index NIBRS Murder NIBRS Rape NIBRS Assault NIBRS Burglary NIBRS Larceny NIBRS Motor Vehicle Theft NIBRS Gang Violence Delivery & Availability · RESTful API Transactions · Batch process via secure ftp (preferred for one-time Modeling / Portfolio Analysis) · Archives available for back testing (10 years – Since 2014), Quarterly basis · Nationwide availability Costs: · POC / Batch discounted pricing for one-time Modeling /Portfolio Analysis · Monthly Subscription fees based on volume tier transaction Pricing About Confianza: · Driving growth & Profitability with an instant customer 360 views of the Business / Principal-Owner, Risk & Exposure. Data: · Our Comprehensive & unique datasets are comprised of over 30 data types from more than 70 sources, fully integrated into a single database, containing five (5) core entities: 1. All Businesses (74M-including NAICS, Sales, EE’s, Year started) 2. Adults/Business Principals (360M-including purchase history & Financial strength) 3. Household Demographics(includes income levels, assets, Drivers) 4. All Assets with VIN / registration details (282M) 5. All Properties (199M) + characteristics, fire protection, Weather Perils. Machine Learning Predictive Analytic layers & Modeling/Calculators: · NIBRS Crime at the block level(Strong loss signaling) · Business Financial Stability Credit & Risk Scoring · Loss Propensity / Fraud & Premium Leakage: Highly Predictive Variables & indicators. · Property: Replacement Cost Estimator, Permit details, Lessor’s Risk & Adjacent Lessor’s Risk Contact Jose Loera SVP Sales @ 404-242-9660 to discuss a complementary POC test
- ManageMy Empowers Personal & Commercial Lines Customers with Data from Confianza to Transform Customer Experience
ManageMy, a leading provider of cutting-edge customer management solutions, is thrilled to announce an exciting new partnership with Confianza, a trusted data analytics and insights company. This collaboration aims to revolutionize how businesses leverage data to enhance insurance customer experience. Understanding and engaging customers has never been more critical in today's competitive business landscape. ManageMy has long been committed to empowering its clients with tools and insights that help them exceed customer expectations, drive brand loyalty, and boost profitability. The partnership with Confianza takes this commitment to a whole new level. Confianza is renowned for its expertise in collecting, analyzing, and harnessing data to provide businesses with actionable insights. By integrating Confianza data into the ManageMy platform, customers can now Gain Deeper Customer Insights, Personalize Customer Engagement, Enhance Decision-Making, and Streamline Operations. “Customer experience is the cornerstone of any successful business, and this partnership with Confianza is a game-changer,” said Josh Hall, Head of P&C at ManageMy. “We are committed to providing our clients the tools they need to thrive in today’s competitive marketplace. Integrating Confianza data into our platform gives our clients the edge they need to exceed customer expectations and drive their businesses forward.” “Today, more than ever, our clients depend on instant and accurate information & analytics necessary to execute and maintain the balance of customer service and profitable growth” said Confianza’s Chief Data Officer, John Petricelli. “With our partnership with ManageMy, we will be able to empower our mutual clients with an instant Customer360 view enabling active monitoring and management of change across the policy lifecycle.” For more information on how ManageMy customers can leverage the power of Confianza data to drive customer experience improvements, please visit www.managemy.com or contact sales@managemy.com About ManageMy: ManageMy is the platform that insurers, agents, brokers, and Managing General Agents trust to engage, innovate, and grow efficiently. ManageMypartners with carriers of all sizes, allowing them to streamline communication and experiences between all stakeholders. The no-code platform brings everyone closer together and ensures policyholders receive the personalized human touch they deserve, and agents benefit from an optimized workflow. For more information, please visit www.managemy.com and follow us on LinkedIn. About Confianza: Confianza is an innovative data solutions company providing instantaneous, comprehensive information via a powerful API and integration platform, empowering Carriers, MGAs and Brokers with comprehensive data & prescriptive analytics. Based in Florida, Confianza serves the needs of insurance & Financial Service professionals throughout the country with a fully integrated database of America of more than 300M individuals, 190M households and 55M businesses encompassing more than 2,300 attributes. Data attributes also cover approximately 200M properties with additional insights about Replacement Cost Estimator, human and non-human perils, risk and more. For more information about Confianza visit www.confianzaus.com
- Cogitate Technology Solutions and Confianza Announce Partnership
ATLANTA, Dec. 6, 2023 /PRNewswire/ -- Cogitate Technology Solutions announces the pre-integration of Confianza's property and auto data sets with DigitalEdge Insurance Platform to enhance data validation at submission, strengthen risk selection, and support renewals with real-time data. Integrating this data into the policy administration system is also critical to Know Your Customer. P & C insurers and DUAEs realize new opportunities to improve customer selection, reduce cycle times, and meet goals for profitable growth by implementing automated underwriting capabilities enhanced by trusted third-party data integrations. Cogitate (PRNewsfoto/Cogitate) "The expansion of our ecosystem of trusted third-party data providers is very intentional. With these highly vetted partners, we're infusing data into the submission and underwriting process to reduce premium leakage, improve risk and customer selection, and speed the underwriting process for all stakeholders across the policy lifecycle. Confianza shares Cogitate's passion for data science and predictive modeling and we see them as an exciting fit," shares Samir Salem, EVP, of Customer Success for Cogitate. Automating the submission process with data prefills creates an elegant, streamlined experience for agents and underwriters, reducing manual input, and offering immediate feedback on risk appetite for many lines of business. The intelligent, automated data prefill is a game changer for underwriters by identifying misinformation and omissions, prioritizing submissions most likely to bind, and ultimately reducing leakage. "We're excited to partner and integrate with Cogitate's DigitalEdge Insurance Platform. The integration enables an instant customer 360 view of personal and business risks requiring just a name and address. Confianza's comprehensive and fully integrated data and analytics platform provides deeper and more reliable insights about personal and commercial risks, taking into consideration inflation, commodity factors, and more," explains John Petricelli, Chief Data Officer for Confianza. About Confianza Confianza is an innovative data solutions company providing instantaneous, comprehensive information via a powerful API and integration platform, empowering carriers, MGAs, and brokers with comprehensive data and prescriptive analytics. Based in Florida, with offices in the Atlanta and Washington DC Metros, Confianza serves the needs of insurance and financial service professionals throughout the country with a fully integrated database of America of more than 260M individuals, 150M households, and 50M businesses encompassing more than 2,300 attributes. Data attributes also cover approximately 200M properties with additional insights about non-human perils, risk, and crime. For more information about Confianza visit www.confianzaus.com About Cogitate The Cogitate DigitalEdge Insurance Platform digitalizes insurance across the value chain, offering insurance carriers, MGAs, wholesale brokers, and program managers a smooth transition to cloud-native, data-driven core underwriting, policy, billing, and claim applications. The unified insurance platform unlocks the value of your own data and advances the power of third-party data for profitable growth, superior risk selection, and a streamlined, modern user experience. Backed by more than 100 combined years of comprehensive experience and domain knowledge, our products are uniquely designed to meet the needs of insurance businesses of every size. Find out why Cogitate maintains 100% client retention. Contact Cogitate for more information at sales@cogitate.us or visit our website at www.cogitate.us. Media Contact: Pamela Simpson, psimpson@cogitate.us Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cogitate-technology-solutions-and-confianza-announce-partnership-302007255.html SOURCE Cogitate US
- COTERIE INSURANCE PARTNERS WITH CONFIANZA DATA & ANALYTICS
COTERIE INSURANCE PARTNERS WITH CONFIANZA DATA & ANALYTICS TO DELIVER COMMERCIAL PROPERTY REPLACEMENT COST ESTIMATOR Partnership will drive Accurate Valuation, leveraging Transparent Model Parameters August 2023 – Confianza Inc has announced a new partnership with Coterie Insurance. The partnership will help support Coterie Insurance to instantly and accurately calculate commercial property valuations nationwide. Through this relationship, Coterie Insurance will leverage Confianza’s Property Replacement Cost calculator for quote prefill of their digital BOP applications. Confianza’s Chief Data Officer, John Petricelli, points out “times have changed and traditional factors and historical methods are no longer sufficient to calculate a good representation of the replacement cost. In contrast, Confianza’s highly transparant and flexible model includes several Inflation variables such as supply chain pressures stressing the availability and cost of common materials. The resulting prices have materially affected the efficacy of historical methods”. Current market valutions are further complicated when looking to calculate the cost of commercial properties. Different business and property-use types represent widely varying costs of repair, some mandated by local and state governments. The Confianza replacement cost calculation takes all of these (and more) into consideration. Paul Bessire, Coterie’s Chief Data Offer is quoted, “Confianza’s Scores help Coterie Insurance to avoid property under valuations & premium leakage, thru the use of their transparent model and quarterly rating factor evaluation and refresh frequency.” . For more information about Confianza, visit www.confianzaus.com. For more information about Coterie Insurance, visit www.coterieinsurance.com. About Confianza Confianza is an innovative data solutions company providing instantaneous, comprehensive information via a powerful API and integration platform, empowering Carriers, MGAs and Brokers with comprehensive data & prescriptive analytics. Based in Florida, with offices in the Atlanta and Washington DC Metros, Confianza serves the needs of insurance & Financial Service professionals throughout the country with a fully integrated database of America of more than 260M individuals, 150M households and 50M businesses encompassing more than 2,300 attributes. Data attributes also cover approximately 200M properties with additional insights about non-human perils, risk and crime. For more information about Confianza visit www.confianzaus.com About Coterie Insurance Coterie Insurance is revolutionizing small business insurance by enabling instant coverage. By sourcing publicly available data, Coterie’s technology employs digital underwriting to enable a transparent and accurate quoting and binding process. Coterie arms agents, brokers, and partners with cutting-edge tools to get small businesses the coverage they need. With the most expansive appetite on the market, Coterie is dedicated to seeing the small businesses of today succeed. For more information about Coterie Insurance and the digital transformation of small business insurance, go to https://coterieinsurance.com.