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