GAIG Selects GDS Link’s DataView360 for More Rapid, Accurate Decisioning - Insurance News | InsuranceNewsNet

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January 4, 2011
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GAIG Selects GDS Link’s DataView360 for More Rapid, Accurate Decisioning

Technology enables insurance company to enhance underwriting activity for trucking clientele

DALLAS--(BUSINESS WIRE)-- GDS Link, a global provider of customer-centric risk management and process automation solutions, announced today that Great American Insurance Group (GAIG), a specialty insurance provider, has selected the company’s flagship product, DataView360™, to enhance the insurance underwriting process of its trucking division by providing more timely and predictive information used in the underwriting process.

GAIG’s trucking division is a leading provider of insurance products for the long-haul trucking industry. The company desired a more comprehensive view into applicants’ credit history as part of its underwriting process. GDS Link’s web-based DataView360 enables GAIG to obtain a real-time, blended credit grade simply by entering an applicant’s name and address. DataView360’s multiple aggregated data sources provide a holistic view of credit information.

“The ability to review this information allows us to reduce the amount of uncollectible balances in this customer segment,” said Tim Clinton, divisional vice president of the Trucking Division for GAIG. “GDS Link had a clear understanding of our business requirements, and was committed to working within our timeframe and budget to implement a customized platform that met our exact specifications.”

GDS Link’s DataView360 not only supports internal and external data access, but also facilitates the creation and maintenance of attribute sets and custom scorecard models supporting rapid decisioning processes. Available for in-house use through a license or as a hosted service by GDS Link, the flexible software configures and deploys credit policies that meet the unique business needs of various clients for monitoring the customer lifecycle.

“GAIG required a systematic capability to pull credit information in real time to accurately validate the records of its applicants and then offer terms based on that data,” said Paul Greenwood, president of GDS Link. “With DataView360, GAIG can improve the underwriting of its insurance policies.”

About Great American Insurance Group

Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance focusing on specialty commercial products for businesses, and in the sale of traditional fixed, indexed and variable annuities and a variety of supplemental insurance products. Great American Insurance Company an “A” (Excellent) or higher rating from the A.M. Best Company for over 100 years (most recent rating evaluation effective on May 10, 2010). The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio. AFG’s common stock is listed and traded on the New York Stock Exchange and Nasdaq Global Select Market under the symbol AFG.

About GDS Link LLC

GDS Link is a global provider of customer-centric risk management and process automation solutions. The company specializes in advanced software designed to support the access and aggregation of disparate data sources and the rapid implementation of custom credit scorecard models and risk management policies. Its technology acts as the enabler for organizations to effectively manage the risk of their customer throughout its lifecycle. Familiar with the large investments made by institutions in their legacy applications, GDS Link’s flagship solution, DataView360™, was architected to derive continued value from these systems while delivering enhanced function and flexibility to the risk management community.

For more information, visit www.gdslink.com.

For GDS Link
MEDIA CONTACT:Rich Alterman, 770-855-4321

Source: GDS Link

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