Quantifying the risks of any given residential property at a profitable price point can be challenging, especially when you don’t have the right data to back it up. Our suite of underwriting tools and data sets provide granular and accurate insight into the risk associated with any building and the people who live there, along with previous claims information and relevant perils exposure at a postcode or address level.
Gain a more complete view of the risk associated with a residential property.
Underwrite more accurately and efficiently with almost instant valuations of residential properties, using high-resolution aerial images, street-level mapping, and high-quality proprietary data sources.
More precise risk estimates of major insurance perils at the postcode unit or address level.
Help tune the accuracy of your rating areas and drive underwriting results through a set of regularly updated data models that predict the relative risk and variation of major insurance perils, including:
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.
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.
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 household insurance.
Gain critical insight into any addressable location in Great Britain.
With AddressIt, you can identify any address of the 30 million stored in Royal Mail’s Post Code Address File (PAF) and enrich it with highly precise spatial data and coordinates, including eastings and northings, latitude and longitude, along with its Unique Property Reference Number (UPRN) and Unique Delivery Point Reference Number (UDPRN). It is easy to integrate into a wide range of systems and can help you make critical decisions around any property-related issues.
Underwrite contents insurance more confidently with targeted estimates of the total contents sum insured at an address level.
Contents Insight utilises a large property database for the UK and provides home insurers with appropriate coverage levels based on a building’s location, neighbourhood, geodemographic characteristics, and other factors.