Streamlining Auto Insurance Quoting with Prefill APIs

Introduction

The auto insurance quoting process has long been riddled with inefficiencies. Agents and insurers struggle with manual data entry, high quote abandonment rates, and slow turnaround times. Consumers, in turn, find the process frustrating and time-consuming. The result? Lost sales, poor customer experiences, and operational slowdowns.

Fenris Auto Prefill is designed to eliminate these pain points. and dramatically reduce the friction in the quoting process while improving accuracy. This not only improves conversion rates but also enhances customer satisfaction and streamlines workflows for insurance professionals.

Top Four Challenges in Quoting Auto Insurance the Traditional Way

Historically, obtaining an accurate auto insurance quote required multiple steps, each creating opportunities for drop-off. Agents had to manually input information, verify its accuracy, and work with incomplete or outdated data. Some of the biggest challenges insurers face include:

1. Manual Data Entry

Agents and customers must input personal information, such as vehicle details, VINS, and driver’s license numbers, which leads to errors and inefficiencies.

2. Quote Abandonment

Lengthy and cumbersome processes deter potential customers, resulting in lost opportunities.

3. Compliance and Data Hurdles

Many insurers rely on contributory datasets, which pose compliance challenges and may not always provide complete up-to-date information.

4. Inefficient Workflows

The back-and-forth required to validate and correct data slows the entire process, frustrating both agents and applicants.

The Fenris Auto Prefill Solution

Fenris Auto Prefill offers its proprietary, non-contributory dataset that retrieves accurate, up-to-date driver and vehicle information instantly. By integrating into insurance platforms, it provides sub-second response times, eliminating the need for manual entry and reducing quote times from minutes to seconds.

Top Four Advantages of Fenris Auto Prefill

1. Instant Data Retrieval

Prefills drivers, vehicles, VINs, driver license, driving violations, and more, without requiring manual input.

2. Seamless API Integration

Works within existing insurance platforms to enhance, not disrupt, workflows.

3. Compliance & Security

With SOC 2 Type 2 certification and our security forward posture, Fenris ensures secure and responsible data handling.

4. Accuracy & Reliability

Fenris’ proprietary data set derives from public, private, and proprietary data sources to ensure insurers receive the most up-to-date information.

What Sets Fenris Apart?

While competitors offer auto data prefill solutions, Fenris differentiates itself through:

Speed & Efficiency

Fenris delivers data with sub-second response times, reducing quote friction.

Non-Contributory Data

Unlike traditional contributory datasets, Fenris’s data is instantly accessible without compliance roadblocks.

Superior Data Accuracy

By drawing from its proprietary dataset and aggregating quality sources, Fenris ensures a higher degree of accuracy and completeness.

Conclusion

Fenris Auto Prefill is transforming auto insurance quoting by eliminating inefficiencies, reducing manual entry, and improving accuracy. Insurers that adopt Fenris Auto Prefill experience increased conversion rates, higher agent productivity, and enhanced customer satisfaction.

By leveraging cutting-edge data solutions, Fenris empowers insurers to stay competitive in an already competitive and data intense market. Ready to streamline your quoting process? Discover the Fenris advantage today.