Tag: big data
ATTOM’s Data Can Boost Reinsurers Profits
While Big Data Is a Boon for the Insurance Industry, It Is Crucial for the Reinsurer There’s a reason big data and technology are disrupting the insurance industry. Ultimately, knowledge – or data – is power. ATTOM datasets help power analysis and limit the liability for reinsurance companies. Here’s how. How profitable a reinsurance company is... Read More »
ATTOM Fuels the Insurance Industry with Property Characteristics Data
Big Data and Insurance: How Home Insurers Can Bring Greater Speed and Accuracy to Their Loan Underwriting Processes by Utilizing Property Characteristics Just like the real estate industry before it, big data is slowly revolutionizing the home insurance industry. When it comes to underwriting, big data and insurance data analysis allows... Read More »
How ATTOM Data Powers AI
Imagine knowing that someone is thinking about selling their house even before they’ve talked it over with their family. If you’re a real estate agent, that knowledge could be priceless. The power of artificial intelligence today means that companies can use predictive analytics to help people in a variety of industries make forward-thinking... Read More »
Underwriting, Assessing Risk, Big Data
Catastrophes have rewritten the rules of the insurance game. Before Hurricane Andrew, in 1992, insurers essentially guessed at what the financial damages would be if a disaster struck. Turns out, they drastically underestimated what the losses might be. And they suffered the consequences. Smart underwriters don’t guess. They use the kinds... Read More »