Tag: insurance underwriting
Integrating Building Permit Data into Your Insurance Underwriting Process
Building permit data provides valuable risk assessment, making it an essential tool for insurance underwriters. However, knowing that the data is available is one thing — implementing it is another. It’s like having a map and not knowing how to read it. While it can lead you to your destination, it won’t be of much use if you... Read More »
The Benefits of Using Building Permit Data in Insurance Underwriting
A building permit database can be valuable to insurance companies for underwriting, claims handling, and marketing. However, underwriters, in particular, can reap the rewards. They say, “An ounce of prevention is worth a pound of cure,” and building permit data is a valuable prevention tool for underwriters. In addition to providing... Read More »
Leading the Charge Towards Automated Underwriting
SES, Leading the charge towards automated underwriting, Enabled by ATTOM. SES Risk Solutions is on its way to disrupting the property insurance industry — and it’s due, at least in part, to ATTOM Data Solutions and its robust datasets. The California-based managing general underwriter (MGU) and leading insurance provider for the residential... Read More »
ATTOM’s Building Permit Data: A Leading Choice for Home Insurance Providers
ATTOM’s Building Permit Data: Why It’s the Leading Choice for One Home Insurance Provider As a home insurance provider, we recently partnered with ATTOM to provide us with building permit data on our policyholders’ properties. This data has been key in helping us to accurately assess risk when it comes to underwriting. In this post,... Read More »
Improving the Underwriting Process with ATTOM’s Building Permit Data
As home insurers, we are always looking for ways to improve the efficiency of our underwriting process. Since partnering with ATTOM this year, we have been able to gain critical insights into the historical and real-time characteristics of our policyholders’ properties. ATTOM’s robust building permit data provides us with the key insights we need... Read More »
Bulk Data Licensing, Property Data, and Risk Assessments in Home Insurance: An Underwriter’s Guide
As a home insurance underwriter, there are several key parameters you likely take into account when assessing for risk and calculating insurance premiums. Ensuring you have access to the breath of data required to feed into a mortgage insurance system is key to correctly analyzing risk factors that may result in large pay-outs for an insurer. In... Read More »
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