Risk Metrics Corporation, a provider of market intelligence forcommercial insurers, has launched Insurance360, a new data as aservice (DaaS) product that allows insurance carriers, brokers, andagencies to access the data they need all in one place, in realtime and only pay for what they use.

Insurance360 aggregates risk-indicative data on U.S. basedbusinesses and their workers' compensation, commercial property,and commercial auto exposures in one centralized “cloud”repository. The service then exposes this information to customersthrough an application program interface (API) to make it availablein real-time for underwriting, business development or otherinsurance applications. Data can be accessed from within sales andmarketing tools, customer dashboards, underwriting and riskapplications, mobile devices or virtually any other client site orvendor application.

“This is the first time that this data has been aggregated inone place and made available with a scalable consumption model,”claims John McCarthy, president and founder of Risk Metrics. “Thismeans that our customers can get access to information, one recordat a time or one million records at a time and only pay for whatthey need.”

Insurance360 brings together data sources to complete acomposite picture of an employer's risk or insurance exposures.

Available data includes:

• Details of each employer's current workers' compensationpolicy including carrier of record, governing class code and policyeffective date.

• The commercial property portion includes the current propertyowner name and address, market and appraised values, squarefootage, and other property specific characteristics.

• Commercial vehicle data includes commercial vehicle counts forthe specific business, vehicle types and distribution, along withother commercial auto risk indicative data.