ISO’s A-PLUS (Automobile-Property Loss Underwriting Service) unit and TransUnion, have created a comprehensive risk score that aims to bring efficiency to property and auto insurance underwriting and policy renewals. The new Credit Loss History Score (CLHS) provides a predictive tool for insurance carriers to assess the risk of new applicants and renewals.

CLHS was developed using TransUnion’s analytics and consumer credit history database and the A-PLUS claims loss history database, allowing insurers to leverage the two data sources in a single risk score. According to ISO, the A-PLUS database commands nearly a 95 percent market share in direct written premium for property insurance and more than 91 percent market share in direct written premium for auto insurance. Compared with credit-only insurance risk scores, CLHS offers as much as a 95 percent improvement in identifying the amount of risk for a property policy applicant and as much as a 34 percent improvement for an auto policy applicant.

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