How harnessing external data can transform the profitability of your property book


Now, more than ever before, insurers are understanding the power of data when it comes to revolutionising the underwriting process—and this is especially true when it comes to property insurance. To be able to gauge risk in the most accurate way possible, and gain a competitive edge with pricing, insurers need to overlay their own data with the insights derived from new sources of property-related external data, such as weather, mobility, and location data. 

Precisely, Profit, Technology, Insurance, Reinsurance, Martin James, Leona Deson, UK

Intelligent Insurer