ATTOM™ and Analytics-Underwriting Disruptors
Risks. Products. Assurance.
Data for Identifying Risks, Analytics for Policy Creation
ATTOM is a leading provider of property data for underwriting to various industries. Underwriters of mortgages and insurance policies must conduct in-depth research to assess risk. ATTOM provides extensive data for underwriters’ research needs, speeding up the underwriting process, including policy creation and loan approvals.
ATTOM offers property data and reports needed to assess risk accurately. These include hazard and environmental risk data, crime data, and economic data. Also, data-driven underwriting leverages today’s technology, and ATTOM’s data are designed to integrate with data analytics. Artificial intelligence and machine-learning models parse vast data points to determine future trends in risk factors.
Is a property close to a river known to flood? Is a borrower in a particular neighborhood high-risk and likely to default on a mortgage loan? These are the types of questions that underwriters must answer. ATTOM provides comprehensive, accurate, and up-to-date property and real estate data that supports various stages of the underwriting process, covering every possible risk scenario for an insurance policy.
How ATTOM Serves Underwriters
ATTOM removes the guesswork for insurance and mortgage underwriting. ATTOM’s data combined with analytical models, such as automated valuation models, expose the risks so underwriters can create the best products. Here are some of ATTOM’s best tools for underwriters.
- Automated Valuation Models (AVMs) help underwriters assess the market value of a property quickly and accurately.
- Using ATTOM’s property reports with comparables underwriters can compare recent sales of similar properties in an area for accurate valuation benchmarking.
- ATTOM’s market trends reports provide insights into local market conditions and trends to gauge risks tied to economic fluctuations.
- Property and owner data verify records and reduce legal risks.
- Occupancy insights verify whether a property is owner-occupied or rented, which is crucial for underwriting risk.
- Natural and environmental risk data with climate change projections elevate property evaluation risk.
- Neighborhood data reveal crime rates, school district quality, and other socio-economic factors impacting risk.
Solutions for Underwriting
Insurance
ATTOM’s extensive data resources elevate the risk assessment of properties and surrounding areas to a new level, improving policy underwriting.
Learn more about Insurance
Enhance underwriting processes with comprehensive property histories and risk factors, supporting more accurate assessments of loan risk and collateral values.
Learn more about Banks and Financial Institutions
Aid in underwriting by supplying comprehensive property and market data, helping financiers assess the viability and profitability of proposed development projects.
Learn more about Construction Development
Utilities
Aid in underwriting energy efficiency or renewable energy loans by providing reliable property data to assess the suitability and risks of projects.
Learn more about Utilities
Mortgages
Conduct thorough risk assessments of properties and areas for new mortgage underwriting and evaluate public property records when issuing loans.
Learn more about Mortgages
Support underwriting by helping firms collect and assess detailed property histories and risk factors, including environmental, hazards, and crime.
Learn more about Technology and Data Platforms
Assist government-backed lending programs by providing detailed property histories and risk assessments, supporting informed lending decisions and minimizing defaults.
Learn more about Government