Forensic Coding Policy Inclusion
Forensic coding benefits all stakeholders and generates non-risk income.
It is a powerful deterrent to burglars.
Research conducted in prisons asking thieves what deterred them from breaking into a building
established that *74% would abandon their plans if a forensic coding warning label was on display. |
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Why Forensic Coding is being included within policies
Broker / Affiliate Business Case
- Underwriting / Financials - It is Profitable for Brokers & Insurers
- Benefits the Policyholder - It “Adds Value” - A proactive risk reduction tool
- Increased Acquisition - It increases Sales
- Improved Retention - It assists Retention
- Beneficial Marketing Tool - It is a positive tangible ‘Differentiator’
- Produce positive PR - It provides regional and national PR
- Corporate & Social Responsibilities - It exceeds CSR objectives
- Implementation ease - A standard bordereau
* An Evaluation of SmartWater: Offenders Perspectives, Professor Martin Gill, Perpetuity Research 2008 |