Advanced MVR Solutions for Life Carriers

Utilize alternative MVR data to underwrite more effectively, reduce overall costs and better understand mortality your customers present.

Schedule A Demo

Risk Assessment, Transformed

Motor vehicle record (MVR) data plays an important role in determining the mortality rate of applicants, as having as little as one major violation severely increases the likelihood of death.

However, many life carriers only utilize MVRs for a small subset of applicants due to the time and cost required to pull them.

Change the Way You Do Business

SambaSafety’s comprehensive Volta platform enables life carriers to access critical MVR data that helps determine and price lifestyle and mortality risk with ease. This affordable solution ensures you’re able to utilize MVR data for every applicant, while streamlining the entire applicant approval process.

Bring Advanced Efficiencies to Life Underwriting

Here’s How Volta Helps Life Carriers:

Gain Unmatched Violation Data

Pulling MVRs on all applicants is an unrealistic, costly process. Using triggers, life carriers can identify which high-risk violations impact mortality rate, flagging only applicants with those violations on their record. This makes it cost-effective and easy to utilize MVR data for every single applicant.

Accelerate the Underwriting Process

Utilizing Volta’s streamlined digital processes, life carriers have immediate access to critical data sources, allowing for identification of high-risk applicants in record time. By speeding up the applicant approval process, carriers are able to provide an unmatched level of customer service that will help them win business.

Reduce Underwriting Costs

Reduce your overall MVR spend and never again pull clean applicant MVRs through use the of configurable triggers. Reduce hours spent on your underwriting process thanks to Volta’s convenient automation capabilities and direct API integrations with top policy management software providers including Guidewire and Duck Creek.

We’ve reduced our reliance on self-reporting. Being able to flag drivers before they tell us there’s an issue complements the mandatory self-reporting policy and makes safety much more efficient.

SHETIKKA R.

Senior Risk and Safety Analyst

Discover Volta

To learn more about SambaSafety’s comprehensive Volta platform, explore our features page.

Explore Volta

Ready to Learn More?

Schedule your demo with one of our specialists today.