Experian's acquisition of ISL for the use of its statistical modelling software had created the need for modernisation. ISL’s application collected and analysed statistical information from numerous insurance companies, but the software was quite old. Avco helped Experian modernise it by analysing the source code, designing and building a new and more efficient statistical modelling application. The new application, named as WhatIf, enables insurers to compare prices and check competitiveness of current rates.
“I’m conscious that for some time now, as long as I recall in fact, I’ve heard nothing but positive feedback in relation to our relationship with Avco Systems. I wanted to take the opportunity to personally thank you and your team for this. As you know, much of the support you provide has a direct impact on relationships with our customers and it is fantastic to see that this is working so well.”
-Kirk Fletcher, MD - Experian Automotive