Insurance

As part of the InsureTech revolution, geospatial technology has one of the most impactful role to play in the industry for years to come

Insurance

As part of the InsureTech revolution, geospatial technology has one of the most impactful role to play in the industry for years to come

 Single View of Customer

Single View of Customer

Simply because your business functions in silos, it doesn’t imply your data has to. Address management solutions pull customer data from different systems, cleanse and normalize the address records, and then distribute it across the organization to let you take advantage of customer data and insights like never before.

Customer Profiling

Utilizing spreadsheets to outline territories and assess the impact of changes is unwieldy at best. Geospatial solutions allow you to analyze, target and acquire new customers using demographic and socioeconomic data to make your campaigns more data-driven, speed up your conversion rates and find new opportunities to lift revenues.

 Customer Profiling
 Usage Based Insurance

Usage Based Insurance

Usage based insurance (UBI) offers opportunities for new underwriting models that evaluate individual driving behavior in the context of other drivers. UBI data can also be enriched with geospatial data in order to gain better understanding and insight such as weather condition, road roughness, speed limit and many other.

Underwriting and Rating

It's impossible to predict precisely when and where a flooding or wildfire disaster will hit, but exposure can be contained. Geospatial solutions enable you to drill down to a specific address to see policy information, claims history, building construction type, and inspection records, ultimately influencing rating and pricing practice in areas that represent the highest risk.

 Underwriting and Rating
 Claim Management

Claim Management

Processing a claim is often referred to as the moment of truth between the insurer and the customer. By leveraging geospatial solutions to lead claims management practices, insurance carriers can find the right balance between expediting a request to provide a superior customer experience and cost control to minimize the risks of claims leakage.

Fraud Detection

Types of insurance fraud are diverse and occur in all areas of insurance. Make geospatial solutions your secret weapon to protect, defend and respond quickly against fraud. Geospatial analytics enables insurance companies to find unusual patterns and visually detect anomalies faster than ever, protecting their organization from the economic impact of fraudsters.

 Fraud Detection
Aviva
Desjardins
Industriel Alliance
Intact insurance
Kentucky Farm Bureau
La Capitale
Nodak Insurance Company

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