Underwriting property is becoming more complex, and customer expectations are changing rapidly. Are you making informed and timely decisions about underwriting, pricing, and product development?
Help tune the accuracy of your rating areas and drive underwriting results through a set of data models that predict the relative risk and variation of major insurance perils, including:
Visualise all the different risk accumulations at the postcode or address level using interactive maps, taking into consideration local environment, the type and construction of buildings, the demographic makeup of the population, and major insurance perils.
Make sense of large socioeconomic data sets and track insurance uptake trends across your client base for product builds and marketing offers. Generate risk assessments of customers based on their claim frequency and average claim value.
Know how competitive your premiums are with price analysis software that you can customise with the risk details of your customers or millions of theoretical risk profiles. Easily build insurance products, test their viability, and ensure they remain competitive for lines of business, including:
Underwrite more accurately and efficiently with almost instant valuations of commercial and residential properties, using high-resolution aerial images, street-level mapping, and high-quality proprietary data sources.