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Property insurers recognize the value of data. From working with underwriting teams across the insurance industry, Moody's RMS® knows that there is no shortage of data at every company. But most insurers struggle with identifying, connecting, and surfacing the right data to inform the best decisions at the right time.
Access to comprehensive data to develop greater intelligence at each location, whether for residential or commercial properties, is a priority for every company providing cover. Having robust information readily available supports better risk assessment, faster decision-making, improved risk selection, and ultimately, more informed pricing. Poor risks can be screened out early in the underwriting process, while exposures that meet an insurer’s appetite can be identified more efficiently.
Read our eBook to learn how Location Intelligence:
Improves underwriting workflows, quote response times, and conversions
Provides insight at every level from geocoding and exposure attributes, to hazard lookups, loss cost pricing, and risk scoring
Helps insurance companies achieve a range of different business objectives.