Pitney Bowes Group 1 Software has announced the addition of theCentrus Points and Parcels data solutions to its suite of locationintelligence solutions. These new data sets allow insurers toanalyze customer and site locations across the U.S.

|

Points and Parcels data enables insurers to enhance the accuracyof underwriting and claims management analysis, helping carriersmanage assets and service policyholders.

|

The Centrus Points data combines parcel centroid-level geocodingwith the assessor parcel number (APN) and elevation attributes. TheAPN number can be used to link with detailed property and housingdata including ownership, number of bedrooms/bathrooms, squarefootage, roof-type, and more. The information can be used to helpautomate the underwriting process and reduce cycle time. Theelevation attribute is an effective way to identify properties thatare at risk from flood damage.

|

"With this greater precision in property location intelligence,insurers can reduce their risk exposure and better service claims,"says Bill Sinn, strategic industry manager, insurance, Pitney BowesGroup 1 Software. "Our location intelligence solutions have longset the standard for accuracy, flexibility, and speed, and theaddition of Centrus Points and Parcels emphasizes our continuingcommitment to meet the most demanding requirements ofmission-critical insurance applications."

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.