Property and Casualty Insurance
In the wake of Hurricane Katrina, the P&C industry is taking substantial measures to better prepare themselves for future mega-catastrophes. Since one catastrophic event can potentially put a company’s entire portfolio at risk, P&C carriers are searching for technologies that will help them accurately identify their risk exposures at the household or individual parcel level.
Proxix Solutions has developed location intelligence software, databases and integrated solutions that top leading P&C companies have tested and proven. By leveraging Proxix’s location intelligence into individual departmental decision-support or enterprise risk management systems, insurers will get the actionable information needed to make smart risk determinations and profitable business decisions.
Location Intelligence for Actuary, Claims, Finance, Marketing, Underwriting
- Obtain the exact locations of insured policies using high-precision, multinational geocoding
- Digitize rating territories for a higher level of accuracy
- Accurately identify and assess risk using hazard data
- Meet regulatory regulations by ensuring premium tax compliance
- Manage risk for the entire insurance enterprise
