Insurance | Why Hyper-Accurate Location Data Can’t be Overlooked in Insurance

 October 10, 2018
On-demand
The ability of an insurer to accurately price its premiums is critical to sustainable, long-term profitability. Accurate pricing is dependent on precise and comprehensive location data.

To view on-demand webinar, click button above.

Quality data greatly improves insurers’ ability to precisely factor risk.

The ability of an insurer to accurately price its premiums is critical to sustainable, long-term profitability. Accurate pricing is dependent on precise and comprehensive location data. Upgrading commonly used vendor data sets to more precise parcel-level data can significantly reduce lost premiums—for example, more than $100 million of losses in Florida alone, according to recent research.

Join industry experts for an informative on-demand webinar titled Pinpointing the Issue: Why Hyper-Accurate Location Data Can’t be Overlooked in Insurance to learn how data improvements can help prevent losses and avoid underpricing.

Our speakers will share tips and best practices for improving data quality as well as findings from recent Forbes Insights report.

Schedule
Wed, Oct 10
Jay Gentry
12:00 PM – 12:30 PM Online
Insurance Industry
Jay Gentry, Location Intelligence, Director
Jay Gentry has worked for Pitney Bowes for 10 years and has spent his 22 year career focused on the insurance industry. Jay is focused serving PB’s insurance clients and helping them solve today’s most challenging risk issues and consumer centric trends. Jay is the Location Intelligence Specialists for the US and International P&C practice at Pitney Bowes. Jay speaks weekly with P&C insurers on the use of geocoding and spatial analysis in P&C Insurance Applications. Pitney Bowes Geocoding software and data is used in a majority of the largest US P&C companies.
Mike Hofert
12:00 PM – 12:30 PM Online
Insurance Industry
Mike Hofert, Managing Directing of Insurance Solutions
Mike Hofert believes that decisions should be made by the people with the best data, not the loudest voices. He’s spent the last quarter of a century working at analytics software companies putting that theory into practice. The last half of that tenure has been working with health and P&C insurers, most recently as the managing director of insurance solutions at Pitney Bowes. When not thinking about data – OK, who are we kidding, he thinks about data all the time. He’s managed to remain married in spite of that fact, however, and currently resides in Michigan with his wife Lysa.