Streamline Insurance Data Validation and Risk Management

Enable emerging technologies and uncover hidden risk in your policies and claims.

Accelerate your day-to-day

Insurance companies use BaseCap to quickly validate the accuracy and completeness of data in files associated with policies, claims, and billing.

Workers' Compensation

Managing the oceans of paperwork generated by workers’ comp insurance policies and claims is no easy task. Yet vetting all that data is critical to discovering fraud or errors in the endless downstream processes the data touches. In the BaseCap Platform, operations teams can automatically and continuously validate all of that information. Then, they can ask questions about the data using custom policies to discover hidden trends and patterns.

Property & Casualty

P&C firms rely heavily on a multitude of data sources to make fast, informed decisions. But manual processes, understaffed teams, and “dark data” (data that gets lost during transfers) introduce far too much doubt into the equation. BaseCap automatically validates all of the information that comes into your systems for downstream processes or leaves your org bound for third parties, customers, or regulators, giving you peace of mind about your information quality.

Life & Annuity

Preparing for audits from FINRA and other regulators keeps constant pressure on life insurance companies. Yet, providing full transparency becomes more difficult as the complexity and sheer volume of data increases exponentially each year. Today analysts spend most of their time manually preparing data for analysis, rather than learning something from it. BaseCap finally provides a solution to automatically translate, standardize, and connect all of your company’s data sources (SQL, CRMs, Operations, etc.). This frees up your analysts to discover risk and opportunity before it’s too late.

Validate 100% of your core platform and underwriting data

Improve your data quality to uncover risk, enable new insurtech, and respond rapidly in a dynamic marketplace.

Fraud detection

Supply advanced fraud detection software and emerging AI tools with real-time, vetted information.

3rd Party Data Transfers

As data weaves through an array of third parties, BaseCap ensures 100% of vendor data is present and accurate, and then transform it into usable exports your operations teams can use to run analysis.

Core Platform Validation

Instantly and automatically validate all of the data that flows into and out of your core platform.

Underwriting

BaseCap can help underwriters improve the accuracy of premiums, and thus make customers happier.

Catastrophe Response

Speed up response times and gain more accurate virtual estimates faster by using BaseCap to process data in the wake of a catastrophe.

Data Governance

Take a proactive approach to data governance by automatically running queries to better understand your data and provide proof of compliance.

Minor shift, major reward

Take a proactive approach to risk management and technology adoption by adding BaseCap to your information ecosystem. A simple integration connects and validates unlimited forms and spreadsheets, for any file type or origin.

The BaseCap difference

Clients have used our Platform to:

• Scan 28 million data fields per week
• Run 2,300+ policies per week
• Save 1,000 hours of manual work per week
• Achieve a 3X return on investment

“This is game changing for our business.”

Director of Servicing

Top 10 Mortgage Servicer

Ready to see BaseCap in action?

Meet with one of our data quality experts to discover how our platform can address your data challenges.