2nd Data Source Added to RiskMeter's Building Characteristic Report


We're proud to announce that a 2nd data source has been added to RiskMeter's Building Characteristic Report.  This additional source will provide seamless coverage if our current data provider is experiencing an outage or if they can't return all of the necessary information.

The importance of building characteristics can be felt throughout the insurance industry from Reinsurers all the way down to Brokers.  When building characteristic information isn't provided, it's common for year built, number of stories, roof shape, etc., fields to be labeled as "unknown" during the modeling process. This incomplete information directly affects Reinsurers, Carriers and Brokers. Article

Many carriers have begun to pre-fill this information at the point of sale as well.  Since this information has already been verified, it empowers agents to write more business.  With RiskMeter Web Services, insurers can pre-fill crucial building characteristic and other property information at the point of sale now. 

For more information about RiskMeter Web Services or to have this 2nd data source added to your account, please contact Daniel Munson, Founder, RiskMeter Online at 617.737.4444 or Email

 


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