Cost and complexity stop insurers from leveraging geospatial insights
Location data enables you to optimize property insurance pricing and underwriting. However, building geospatial datasets is difficult—and integrating them with your business systems is even more so.
Climate change is accelerating changes to property risk insurance.
Insurers lack expertise and budget to build geospatial insight systems.
Third-party vendors are expensive and often lack the ability to deliver the unique insights your business needs.
Solution
Rapid, easy access to geographic rating insights
Integrate location-driven pricing, underwriting, and market knowledge into your systems quickly and easily.
Improve pricing and underwriting.
Develop more competitive and innovative products.
Access distance calculations, elevation statistics, and market data such as demographic information and competitor premiums.
Integrate customized rating algorithms in your models, including rated product premiums, rating factors, and custom territory assignment across all 50 states.