General Insurance Underwriting
Advanced analytics and software focussed on property underwriting, perils risk modelling, quote enrichment, and premium analysis
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?
More precise risk estimates of major insurance perils at the postcode unit and address level
More precise risk estimates of major insurance perils at the postcode unit and address level
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:
- Theft
- Subsidence
- Flooding
- Storm
- Fire
- Escape of Water
- Freeze
- Accidental damage
Interactive risk-mapping technology for greater underwriting accuracy and risk selection
Interactive risk-mapping technology for greater underwriting accuracy and risk selection
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.
Incorporate geodemographic classifications into your workflow and optimise your marketing resources
Incorporate geodemographic classifications into your workflow and optimise your marketing resources
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.
Discover where to modify your premiums with almost limitless benchmarking opportunities
Discover where to modify your premiums with almost limitless benchmarking opportunities
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:
- Household
- Private Car
- Motorcycle
- Commercial Vehicle
Gain a more complete view of the risk associated with a property
Gain a more complete view of the risk associated with a property
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.