Prodigi is a suite of customizable software tools designed to confirm that the identity of an applicant or account holder.  Prodigi’s available features include confirmation of the applicant address using GPS data, voice analytics, multi-variant database interrogations including proprietary sources and subscription-based data, and the ability to validate domestic and international government issued IDs.  Prodigi is designed to interface with existing systems and provide structured results from its algorithms.

Advantages and Differentiators

Nearly all systemic insurance fraud involves criminals creating life wagering contracts by posing as an insured when applying for coverage.  While may traditional techniques to identify fraudulent applicants rely on validating that the insured’s identity is real, Prodigi not only does this, but it goes further to ensure that the applicant is the insured.  Prodigi uses a combination of tools to do this including interrogation of credit and non-credit files, global government ID verification tools, GPS location analytics, extensive current and past address analytics, and biometrics.

In short, Prodigi was designed by experts in insurance fraud to create a suite of tools to defeat today’s criminal activity.  We have spent years studying claims that are the result of successfully defeated underwriting controls to develop a tool that is easy to use, comprehensive, and inexpensive.

Pricing, implementation time and key requirements

Pricing varies on volume; however, we are driven to keep the costs low so that insurers get the most protective value for a minimum cost.  Implementation requires that the applicant click a link from an online application which then takes the applicant to Prodigi.  Prodigi requires an API from the existing systems to pass data on the applicant to Prodigi so its interrogations can begin.  The results are passed back to the client’s system by a return API.  Prodigi can also be used in a batch setting to do post-issue reviews on existing blocks of business.