DriverRisk Guide: Violation insight to fuel your business

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1 DriverRisk Guide: Violation insight to fuel your business A national driving record solution with applications across the entire insurance policy lifecycle. 207 TransUnion LLC All Rights Reserved TransUnion LLC All Rights Reserved SHARE

2 Gain insight into your commercial auto insurance business Savvy insurance carriers constantly seek ways to improve performance, particularly as industry profitability is constrained by increased claims frequency and severity. Our national driving record solution enables insurers to tailor their business processes based on violation data; for example, align marketing efforts with desired risk profiles, better manage expenses, improve pricing sophistication, enhance the customer experience and more. Read on to familiarize yourself with opportunities to better understand your customers and adapt strategies accordingly. TransUnion DriverRisk The DriverRisk SM solution suite delivers insight from court record violation data using our enhanced subject selection and matching expertise, and will soon include state motor vehicle reports (MVRs). Our court record-based solution offers richer and timelier information, allowing you to analyze driver violation behavior and make betterinformed decisions throughout the policy lifecycle. You ll benefit from: 336M+ court record violations and growing 23% MORE drivers with ratable violations than typically found by insurance carriers Deeper insights into driver violation behavior than what s available solely with state motor vehicle reports Earlier discovery of violations, starting when a ticket is first issued Improved allocation underwriting expenditures Future, seamless integration of court record violation data and state MVRs TransUnion LLC All Rights Reserved

3 Unique benefits of DriverRisk IMPROVED MATCH ACCURACY: Leverage TransUnion s consumer database to find additional violations, such as those received outside the license state or associated with a prior driver s license LOGICAL FEATURES: Several new components, such as the newly adjudicated indicator, equip customers with information to optimize their current MVR decisioning processes EASE OF USE: Our proprietary Enhanced Violation Codes assign a logical, alphanumeric value to every violation, allowing you to customize search criteria and reduce state statute maintenance TransUnion LLC All Rights Reserved

4 Commercial Auto Incorporate DriverRisk into your new and renewal business process. At application, DriverRisk data will allow you to validate driving records without sacrificing underwriting and rating integrity, as well as monitor existing policies for drivers with violation activity. Point of quote: Populate violations into the insurance application to generate a more accurate quote earlier in the application process, decreasing the likelihood of a rate change between initial and final quotes. In addition to improving accuracy, insurance agents and applicants alike will have a faster and better experience, resulting in higher throughput and conversion. Underwriting and rating: Our solution allows you to balance your desired underwriting conservatism with expenses. If you choose to solely rely upon the state MVR, DriverRisk allows you to limit MVR orders to those drivers with a recent, ratable violation. If you choose to take action with violation activity not on the MVR, such as out-of-state violations, use DriverRisk in lieu of or in addition to the state MVR. Regardless of which customizable solution you use, you can take advantage of additional revenue surcharge opportunities and/or optimize MVR spend for improved profitability TransUnion LLC All Rights Reserved

5 (NYSE: TRU) Information is a powerful thing. At TransUnion, we realize that. We are dedicated to finding innovative ways information can be used to help individuals make better and smarter decisions. We help uncover unique stories, trends and insights behind each data point, using historical information as well as alternative data sources. This allows a variety of markets and businesses to better manage risk and consumers to better manage their credit, personal information and identity. Today, TransUnion has a global presence in more than 30 countries and a leading presence in several international markets across North America, Africa, Latin America and Asia. Through the power of information, TransUnion is working to build stronger economies and families and safer communities worldwide. We call this Information for Good. For information on TransUnion s DriverRisk solutions visit transunion.com/product/driverrisk or call TransUnion internal analysis J.D. Power 207 U.S. Insurance Shopping Study TransUnion LLC All Rights Reserved