Alliance will provide insurers with more flexible and accurate risk assessment for life insurance, allowing for greater targeting and personalized offers.
FICO, a global leader in analytics software, has partnered with dacadoo, a leading provider of digital wellness tracking and health risk quantification solutions. This collaboration aims to enhance how insurance companies assess and manage risk, promote health and wellness, and improve customer engagement.
Through this partnership, dacadoo will integrate FICO’s advanced AI, analytics, and decision management capabilities from the FICO® Platform with its health risk quantification engine. This integration will enable insurers to conduct more precise and personalized risk assessments for applicants, allowing them to better align policies and pricing with individual needs.r align policies and pricing with individual needs.
More information: https://www.fico.com/en/fico-platform
“We have brought to market an innovative solution that enables insurers to target their life insurance products at specific profiles,” said Peter Ohnemus, dacadoo’s president & CEO. “Through our new partnership with FICO, insurers will be able to use more dynamic data to assess the risk of each applicant, and to design highly personalized insurance products for their customers using advanced decision science. They can use the FICO capabilities to enhance their risk modelling and create more complex decision trees. We are giving insurers a whole new level of risk assessment precision to help them build their portfolio.”
The partnership allows insurers to transition from traditional, static underwriting models to a dynamic, behavior-based approach. This shift helps reduce operational costs, enhance customer loyalty, and improve risk management, ultimately driving long-term profitability. With over 80% of insurers recognizing improved underwriting and customer experience as critical priorities, this collaboration provides essential capabilities such as:
- Hyper-personalized risk scoring and underwriting
- Behavioral engagement and wellness-driven policy models
- Real-time decision-making for claims and onboarding
- Predictive modeling for claims, lapses, and customer lifetime value
The two firms estimate that insurers could achieve a 20–30% increase in customer lifetime value and a 30–50% reduction in underwriting time through their combined solutions.
“We see the dacadoo platform as a game-changer,” said Alexandre Graff, vice president for global partners and alliances at FICO. “It not only helps insurers grow their business responsibly, it helps people better manage their health through the digital health engagement platform. We see tremendous opportunities to infuse FICO’s expertise in AI and decision management into dacadoo’s platform and create a better outcome for insurers and individuals.”
About dacadoo
dacadoo is a Swiss-based technology company that develops technology solutions for digital health engagement and health risk quantification. Our Enterprise SaaS based digital health engagement platform (DHEP) is a mobile-first solution that leverages behavioral science, AI, and gamification to help end-users improve their health outcomes while helping clients to improve customer engagement and loyalty through personalization. This platform is available in over 18 languages and can be licensed as a white label offering or through APIs to develop/enhance custom solutions. Our award-winning Risk Engine, which calculates relative risk on mortality and morbidity in real-time, is also available for license through APIs. dacadoo’s global employees are committed to making the world a healthier place. We strongly value security and privacy, with an Information Security and Privacy Management System certified to ISO 27001 and ISO 27701 standards. Learn more: https://www.dacadoo.com/
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction, and growth for businesses in financial services, insurance, telecommunications, health care, retail, and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting 4 billion payment cards from fraud to improving financial inclusion to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access, and transparency.
Learn more at https://www.fico.com
Join the conversation at https://x.com/FICO_corp & https://www.fico.com/blogs/
For FICO news and media resources, visit https://www.fico.com/newsroom
FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.
Contacts
Contact – FICO
Julie Huang
press@fico.com
Contact – dacadoo
Masako Boskovski
masako.boskovski@dacadoo.com
+41-44-251-23-23
