Hyper-accurate location data is the key to operational excellence in underwriting, claims, and CAT management

Wednesday, September 16, 2020 2:00 p.m. EDT 60 Minutes
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$195 MM of the mispriced risk identified in Florida was due to a lack of hyper-accurate information.

More and more insurers are looking to boost underwriting accuracy through the smarter use of data but how do you ensure confidence in that data to ultimately write competitive premiums and maximize profit. To ensure this confidence, insurers need to leverage sources of data that can help differentiate them from their competition. As a data provider and the leader in geocoding solutions, Precisely combines data that are both publicly available and third-party sourced, standardizes and validates it, and adds the PreciselyID, a unique and persistent identifier, enabling a straightforward approach to enriching your business data.

Eliminate guesswork by utilizing granular, accurate, and predictive risk variables to mitigate risk, across commercial and home property – ultimately drive underwriting profitability.

Register today and learn:

  • Strategies to easily organize and enrich your data from a location perspective
  • How highly precise geocoding impacts pricing
  • How to utilize AI & ML to enable straight through underwriting processing
  • Augment, enrich, and connect 3rd party data across your business to make better underwriting decisions for properties impacted by flood, hail, hurricane, and fire

Key Speakers
Jay Gentry
Jay Gentry
Subject Matter Expert, Location Intelligence and Data Quality, Global P&C Insurance Practice
Michael Reilly
Michael Reilly
Managing Director, Insurance, Accenture