Our Company
Transforming geocoding for the re/insurance industry
Insurdata was formed to meet an unmet need within the re/insurance industry for best-in-class, independent, robust geocoding data.
Accurate geocoding is fundamental to modern risk analysis. Material inaccuracies exist in the data that the re/insurance industry currently relies upon. Underwriting decisions are based on aggregated data with individual risks unable to be accurately identified. Geocoded information is unreliable, and vital attribute data, such as first floor elevation, doesn't exist; precise underwriting and portfolio management is simply not possible. This lack of data quality, accuracy and completeness is amplified by the availability of high-resolution models. Advancements in modelling driven by high-performance computing systems and improved analytical capabilities have limited value without the refined data needed to capitalise on them.
Our Solution
Delivering clarity through precision
Our Challenge
At Insurdata, we have set ourselves a challenge. That is to bring greater clarity to our clients' underwriting process and portfolio composition by providing global accurate geocoding data at the highest resolution.
The Impact
By having access to highly refined geocoding data at the most relevant point, re/insurers have increased confidence in modelled loss estimates resulting in better risk selection and improved portfolio management.
Industry Benefits
Supporting the entire re/insurance ecosystem
Better Risk Selection
Precise data enables more accurate risk assessment and pricing decisions
Improved Portfolio Management
Enhanced visibility into portfolio composition and concentration
Reduced Volatility
More resilient balance sheets through accurate loss estimates
Now Part of Big Ticket
Insurdata is excited to announce its recent acquisition by Big Ticket Inc., forming the foundation of Big Ticket's digital infrastructure for commercial insurance.
Insurdata continues to operate as a wholly owned subsidiary, offering its full range of services including the most accurate geocoding in the market.
Partner With Insurdata
Join leading re/insurers in leveraging the power of accurate geocoding data.