P&C software provider iPartners is partnering with SpatialKey, an insurance analytics and visualization company.
According to iPartners, insurers need to better understand risk, which can be time consuming when combining large volumes of policy and claims data, hazard information, and third-party data.
The partnership combines its policy and claims data warehouse with SpatialKey’s visualization and risk intelligence solutions. With this, iPartners can offer visual intelligence to evaluate, understand and monitor insured concentrations. iPartners also will deliver base maps to clients, with the ability to add third-party data to further enhance risk analysis.
