Tag: insurance underwriting

Bulk Data Licensing, Property Data, and Risk Assessments in Home Insurance: An Underwriter’s Guide

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… 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 »