Pitney Bowes introduces its “Day in the Life” Lunch and Learn series – An ongoing series to provide Best Practices in solving today’s complex business problems with contextually relevant insights for your business.
Join us for the first in the series on May 31, 2018 at 12:00 noon:
As an Underwriter you live data analytics - researching, assessing and determining the amount of risk that exists with new policies. But what if you make a mistake? What if the information you are assessing is not quite accurate. The result, could literally be catastrophic.
A case in point. A large insurer recently deployed super precise data and discovered that 15% of their policy locations were inaccurate by 500 feet or more. The inaccurate location data they were using previously severely skewed potential losses from catastrophic events. And, that inaccuracy cost them millions.
The good news, you don’t have to live through something like this or go it alone. For every 10% improvement in geocoding accuracy, you can save two to four dollars per policy. Join Mike Hofert, Managing Director of Insurance Solutions, Pitney Bowes for an informative webinar on how to:
• Accurately geocode policies so you can clearly analyze—with precise accuracy—property risk and potential claims.
• Realign price-to-risk and stabilize finances.
• Quickly and easily assess overpricing and underpricing through an ROI calculator
Mike will demonstrate how specific solutions like Enterprise Geocoding Module, Master Location Data, Risk Data Suite and US Buildings can transform your day to day underwriting. He will outline specific real-world examples of how the top 25 insurance carriers are benefitting from these solutions.
Partner with Pitney Bowes, your single source of accurate and precise data and underwrite with confidence.