Percayso Inform is very pleased to announce that it is working alongside start-up insurance broker Pizza ahead of its consumer launch in Q3.
This new partnership will provide Pizza with access to Percayso’s extensive suite of insurance intelligence solutions.
Pizza aims to rebuild consumer trust in the motor insurance sector by delivering a simple, transparent service and rewarding safer drivers with a ‘Slice Back’ on their premium paid.
Policyholders will be reimbursed 5% of their insurer premium if they and any named driver do not make a fault claim during the year. The Slice Back will be paid to policyholders regardless of whether they renew their policy or switch providers.
By undertaking robust tech-led presale verification, Pizza’s goal is to protect its insurer partners and its customers against fraud at all stages throughout the policy lifecycle, including both pre and post sale. By encouraging safer driving Pizza is also looking to reduce both claims volumes and costs for its insurer partners.
The company’s co-founders are Sam Baker, Marc Meeking and Colin Sadler, who have extensive experience across a variety of motor broking leadership roles.
“Consumer perception of the insurance industry is at an all-time low while insurers are battling a pandemic of fraud. Our aim is to change that. We want to create a fairer experience for our customers and turn insurance into a mutually beneficial partnership for both our customers and our insurer partners alike,” said Sam Baker, Co-founder and Director, Pizza.
He continued: “Connecting seamless presale identity verification, fraud prevention solutions and streamlining KYC to increase trust and protection for our insurer partners is fundamental to delivering this brand promise. Percayso was the natural choice when it came to sourcing an insurance intelligence provider. They’ve been focused on helping the insurance industry fight fraud and deliver a fairer experience to customers from day one.”
Percayso’s data and intelligence hub ingests and adds value to a vast array of powerful datasets enabling brokers, insurers and MGAs of all sizes from start-ups to top 10 providers to make informed decisions and write better business. Its technology aggregates data from many different sources, allowing intelligence to be accessed with a simple API call at significant volume.
Commenting on this new partnership, Percayso Client Director, Chris Traill, said: “It’s refreshing to see a team of industry professionals actually take a step back and look at the experience they want to deliver from the customer’s perspective, and marry that up with what insurers need to deliver fair pricing. We’re hugely excited to be working with Pizza and look forward to building the relationship as they take their business forward.”