Insurance & Financial Services

 

Spatial data. Risk analysis. Decision-making. Geoanalytics. Business Intelligence. Machine learning. Actionable insights. Location Data-as-a-Service.

Trusted partners adding value to data for insurers and financial services

We provide spatial data services and bespoke, data analysis to many retail banks and leading financial services companies in the UK.

By spatialising data, we can help you to identify risks, mitigate losses, and deliver a more joined-up and efficient ‘one customer’ service.

  • Unique business intelligence – visualised easily
  • Machine learning that surfaces stronger risk analysis
  • Flood, structure, and peril analysis, visualised in dashboards
  • Unique subsidence mapping – reducing business exposure
  • ‘One Customer’ insights and data aggregation

 

Challenge us to spatialise your data

Unique risk profiling

A lot of underwriting is, at heart, based on generic parameters. A car has a known engine, fuel system, and probable resale value. A house or a business premise was built in a precise location and that is unlikely to change.

With that in mind, many insurance brokers and insurance providers are looking for new ways to differentiate their risk profiles – ways to surface formative data such as previous claims, commercial integrity, and real-time clarification about property ownership, all of which might reveal insights to inform a policy’s underwriting.

 

What's more, managing those terabytes of geographic data is no mean feat, but we have the platform and the experiences to not only manage it, but also keep it up to date - removing the painful and regular overhead from in-house IT departments (which may not be familiar with location data).

 

“What would let us re-evaluate the risk profile of these customers’ houses?”

 

Spatialising risk for competitive advantage

Local social demographics, for example, might give a new view on the likelihood of break-ins in a specific area. Crime statistics themselves are a mine of useful information. And weather reports and arboriculture data can deliver informed views about the likelihood of subsidence.

We have much of this information in-house already. We’ve have had great success, blending all kinds of external datasets with our clients’ own data – often taking an innovative approach and surfacing unexpectedly profitable insights. Our spatialising techniques provide a unique dimension to risk profiling: one view of a customer, a client, and an asset, with all the detail needed to gain a competitive edge.

 

Phone & Email

Address

Building A2 (Office 1052) Cody Technology Park Old Ively Road
Farnborough
GU14 0LX
United Kingdom
emapsite Partners