Tag: big data

ATTOM Fuels the Insurance Industry with Property Characteristics Data

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 tech-savvy home insurers to… Read More »

Underwriting, Assessing Risk, Big Data

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 of cutting-edge parcel mapping… Read More »