Veritas Data Research’s Post

The countdown to #ITCVegas is on! ⏰ Reach out to Jelita Victorson-Adams today to get a meeting scheduled while she is in Vegas from October 15th-17th. She is excited to talk about how Veritas Data Research comprehensive and rapid mortality data can help your insurance company improve risk models and save costs in claims and benefits payments. Our Fact of Death Mortality Index can help you: ⏰ Improve risk modeling for more accurate setting of premiums ⏰ Rapidly initiate claims with timely mortality updates ⏰ Save interest-payment costs and unneeded outreach with early notification of a death Email sales@veritasdataresearch.com or send Jelita a direct message to meet up in Vegas! InsureTech Connect #ITC2024 #insuretech #BecauseofITC #insuranceinnovation #insurance

With the Veritas Portal, you can easily access the contributing sources that support each death record in the Fact of Death Index. Simply enter the Veritas traceability number (the unique ID assigned to each record) to find the specific record you need or perform more general queries using various search criteria like first name, last name, date of birth, date of death, city, or state. The Veritas Portal provides instant access to every indexed death in our dataset, making it an invaluable resource for customers who are: 🔴 Looking to find records for a small cohort of individuals 🔴 Needing to access or provide obituary source link(s) for provider credentialing, life insurance claims, or benefit processing 🔴 Wanting to confirm they have the correct person when marking an individual as deceased Reach out to the team today at sales@veritasdataresearch.com to learn more and discuss how our Fact of Death Index and the Veritas Portal can benefit you!

We pride ourselves with continuously improving our Fact of Death Index to provide the best mortality solution. We have spent the last 18 months diligently implementing updates like: 💡Increasing our total record count by adding new sources 💡Targeted reprocessing of incorrect names and other poorly extracted data elements to improve data quality 💡Added new fields for confidence scores and duplicate indicators to make the data more usable Comparing the Fact of Death volumes in January 2023 to now (June 2024), our coverage has increased by almost 10% with the new sources we have added. (The total counts per year from 2010 - 2024 (so far), and percentage increase, are shown below.) Over the same timeframe, the average number of sources per record has also increased from 4.13 to 4.76. This improved record “density” provides reassurance that we are increasing our data quality by having confirmation from multiple sources for each death record. Lastly, we are getting quicker at indexing records and currently report 90% of all records within 10 days of the death date. If you want to learn more about our data, or have questions about coverage or quality, please message us or reach out to sales@veritasdataresearch.com.