Precise property data builds a strong foundation for any underwriter assessing residential or commercial buildings, but it can often be fraught with inaccuracies or missing key information that would otherwise give you a clearer view of the associated exposure.
One example is the presence of basements in residential properties, which can have significant implications for both a property’s flood risk but also its cost of repair. Whether it’s the presence of basements, building age or type, there are many gaps in residential and commercial property data that are rarely reflected in underwriting due to the difficulty in capturing them.
In this webinar, Verisk specialists provide an overview of the some of the challenges in obtaining accurate property data such as building age and basement presence, with an overview of our UKBuildings product for underwriters.
Presentation Date:
Tuesday, 28 November, 2023
Speakers:
Duncan Edwards
Senior Sales Executive
International Underwriting & Property Risk, Verisk
Tom Timms
Sales Director
International Underwriting & Property Risk, Verisk