@formotiv.com
Behavioral Analytics in insurance is used to predict intent and help increase conversions while reducing premium leakage.
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Description
ForMotiv is a leading provider of Behavioral Analytics solutions in the insurance industry. By analyzing digital behavior, ForMotiv helps insurance carriers predict user intent, increase conversions, and reduce premium leakage. With their cutting-edge technology, they provide actionable insights into the truthfulness and intent of digital applicants, allowing carriers to tailor next-best-actions to each individual applicant.
Through their Behavioral Data Science approach, ForMotiv captures unique behavioral cues and micro-expressions left behind by users as they fill out digital forms and applications. These cues are translated into intuitive and ingestible intent scores, offering carriers unprecedented insight into applicants' purchase intent and riskiness. With a data flywheel that analyzes millions of insurance applications and trillions of behavioral micro-expressions, ForMotiv continuously improves its predictive models, driving higher ROI for its customers.
Whether it's life insurance, home and auto insurance, or commercial insurance, ForMotiv offers purpose-built solutions to meet the unique needs of insurance carriers. Join their trusted partner network and unlock the power of behavioral analytics in insurance
Company Type
Privately Held
Company Size
11-50
Year Founded
2018
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