eData has a range of features designed to support your business information needs.
We provide solutions for underwriters, actuaries, fraud and pricing managers. Strengthen your competitive advantage by using our enriched, real-time data feeds and scoring models to reduce fraud, improve pricing and underwriting, and build a more profitable book of business.
- Vehicle Search (VS)
- Vehicle Valuations (VV)
- Imported Vehicle Report (IVR)
Vehicle Search (VS)
Vehicle Search (VS) is a data lookup tool, retrieving Vehicle specifications automatically, from only a VIN/Chassis Number or a vehicle Number Plate. VS allows many varieties of companies to obtain specifications of vehicles automatically, regardless of where the car was manufactured or registered. The only data required to be submitted is the VIN/Chassis Number or the Plate details, which will in turn return the available data fields. Using VS companies are able to obtain vehicle specifications automatically, saving time and easing the process. VS also provides much more data than currently available in most industries within the UAE, whilst at the same time maintaining the data in unified formats and tables to ensure accuracy and consistency.
Vehicle Valuations (VV)
Independent Vehicle Valuations are essential tools for Dealers, Insurance Companies, Mortgage Dealers and more. Ensuring that each vehicle has been accurately valued prior to the transaction taking place is fundamental within each industry. Vehicle valuations range significantly dependant on the manufacturer and detailed specifications. Without ensuring that a vehicle is correctly valued, down to exact specification levels (such as Make, Model & Type), vehicles are frequently incorrectly valued in excess of $50,000 over or under. New vehicle valuations and residual values including trade-in prices require complex analysis and detailed specifications in order to assess correctly. Such data is invaluable to the UAE market and available integrated within companies’ internal systems.
Imported Vehicle Report (IVR)
eData’s Imported Vehicle Report (IVR) service empowers the Insurance, Finance and Automotive industries to make smarter, more strategic decisions when underwriting additional risks, by detecting when a vehicle has previously been imported from outside of the GCC. Companies are able to not only detect that a vehicle has previously been Imported to the GCC, but also notable events surrounding the vehicle’s history such as previous occurrences of Total Loss, Mileage Tampering, Theft and more. Imported vehicles are proven to carry a significantly higher risk to the Insurance and Finance industries, through higher claim values, lower than market vehicle values, highly susceptible to Total Loss and more. eData’s IV service uses the latest technological advances to deliver integrated data streams directly into the operational systems of companies, in turn providing for efficient, smart decision making abilities.