Evaluate the impact of recent snowfall in the Northeast U.S.

With SpatialKey, insurers can quickly assess their potential exposure to the recent snowstorm in the Buffalo, NY area on November 21st. With increasing concern of potential roof collapse and flooding due to rising temperatures in the coming days, insurers want to be adequately prepared to respond to this unprecedented snowfall.

SpatialKey’s Flood Analyst app directly integrates NOAA’s real-time snow precipitation maps to deliver immediate insight to insurers! Now, exposure management and claims teams can estimate the impact of heavy snowfall, manage stakeholder expectations, and mobilize their efforts to assist insureds.

Leverage real-time snow precipitation data from NOAA
Leverage real-time snow precipitation data from NOAA

Understand potential exposure to heavy snowfall
Understand potential exposure to heavy snowfall

Insurers can easily assess the magnitude of portfolio exposure by location count, total insured value, exposed limit and any other metric. Using flexible filters, they can focus and prioritize their response by business segment, risk characteristics, individual policies, and/or locations. Further, analysts can effectively communicate between teams and senior management via shared dashboards, leading to prompt action and results.

Identify insureds most susceptible to damage
Identify insureds most susceptible to damage

Because SpatialKey is data agnostic, insurers can couple any expert content with SpatialKey’s intuitive workflows and rich analytics to derive real-time insights and enable faster, better decisions. In this case, insurers can leverage NOAA’s snow precipitation data within SpatialKey Flood Analyst to gain a comprehensive view of exposure before claims even start to come in.

When a natural disaster hits, whether that’s a snowstorm, earthquake, hurricane, or tornado, SpatialKey is the fastest way to understand how your exposure could be affected.

Analyzing Your Exposure Against the 2014 South Napa Earthquake

SpatialKey customers were able to quickly calculate potential exposure resulting from the 6.0 earthquake that struck near Napa, CA on August 24. The SpatialKey Earthquake App enabled ready access to earthquake shake maps published by the USGS within one hour of the quake, allowing our customers to respond quickly and confidently.

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North Shore Management, a MGA with specialization in writing E&S earthquake and flood risk, used the Earthquake App to respond to the event:

“SpatialKey’s cutting edge mapping ability allowed us to assess our exposure and identify exact locations of a possible loss within hours of the event. With this information, we were able to provide immediate feedback to our clients, which is invaluable to us after an earthquake.”

- Deke Emmerich, President of North Shore Management

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SpatialKey customers were able to quickly see the number of locations and total insured value at risk. Using flexible filters, they focused and prioritized their response on key segments of their business, individual policies, and/or locations that were exposed to the most severe shaking.

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Commercial insurers were also able to quickly understand their exposure, net of policy coverages, providing a more accurate representation of loss potential, before the claims even start coming in.

When a natural disaster hits, whether that’s an earthquake, hurricane, or tornado, SpatialKey’s event analysis suite of apps are the fastest way to understand your exposure.

Custom calculations in dashboards have arrived!

We just released another set of updates for you in our August release… there’s one in particular that we think you’ll be thrilled about!

Have you ever wanted to display a ratio in your dashboard based on 2 fields from your dataset, e.g. Loss Ratio = Gross AAL / Premium? Have you ever wanted to display the sum of multiple fields, e.g. TIV = Coverage A + Coverage B + Coverage C + Coverage D? 

In response to your feedback, you now have flexibility to create custom calculations in your dashboard by combining different metrics within your data. With this new feature, there is no longer a need to calculate derivative metrics, like ratios, summations, differences, etc., outside of SpatialKey.

You can now create your own equation using any metric fields in your dataset and analyze this value-added data in maps and visualization pods.

It’s simple – just use our wizard for define your calculations…

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…and visualize!  Advanced calculations work in most visualization pods, and can also be a powerful way to visualize your data on the map.

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We hope you enjoy the flexibility and analytic value this new feature delivers. Don’t forget to check out the rest of the features in the August release as well.

We’re hiring a Marketing Manager!

Do you live to promote great products? Do you enjoy driving value and revenue creation? Come work at SpatialKey!

About SpatialKey

SpatialKey is a Software-as-a-Service (SaaS) mapping and data visualization platform. We think it’s awesome. Our product is renowned for its impressive, differentiated user experience. We relentlessly pursue simplicity, while transforming complex data into actionable intelligence.  Our analytics and visualizations enable enterprises to interrogate large amounts of data about their businesses and turn it into information they can use.

We’ve served a number of industries, from law enforcement to manufacturing, but our strategic focus is on delivering business benefit to the insurance market.  The problems we are tackling help insurance companies remain solvent and be prepared to help their customers through increasingly severe and frequent disasters.

We deliver new innovation and enhanced analytic value with several product releases a year.  While you’re here, take a look at the rest of our blog to see what we’ve been up to!

About the team

We are a small team of 17, and we’re incredibly proud of that. We believe in building focused teams of only the top talent. Staying lean and agile has gotten us where we are, and we plan on keeping things that way.

We’ve embraced the virtual office with employees working in 10 different states: CA, CO, KY, HI, NH, NE, NM, NV, NY, TX.  We talk everyday on Skype, and we live on IM during the workday. Working remotely has its own set of challenges, and we require someone who can be productive and work autonomously, but who knows the right time to reach out for help.

We’re a scrappy upstart, with 4 years under our belt, committed to building a sustainable business alongside very supportive clients also pursuing competitive edge and innovation.  We have strong brand recognition and equity, a profit-positive balance sheet, an exciting growth story, and a proven vision! We are growing deliberately by carefully hiring the best, most dedicated and passionate people in the industry.

About the job

We have a great product and positive momentum in the insurance market. The success we’ve achieved is in large part by having a compelling, focused story in insurance and by aligning with supportive customers and partners to deliver and promote our collective offering.  We have a pretty cool website, videos, data sheets and a blog; but we could do more, and do so more frequently.  You will own marketing campaigns, promoting the best solution in the market!

You will take responsibility to ensure that everything we communicate is consistent with the SpatialKey culture and brand – a strong focus on simplicity, accessibility and quality.  You will develop marketing programs that create brand awareness, generate leads, and facilitate sales.

You will be responsible for coordinating and delivering new marketing content, including printed materials, slide presentations, sales enablement tools and press releases.  You will drive our presence through multiple vehicles, including our website and partner websites, social media and industry publications, and user and industry conferences.

You won’t be alone. You will lead continuous, collaborative engagement with clients, consultants and internal colleagues from our executive, account management and product management teams, always keeping our content fresh and targeted. You will stay on top of our market performance by providing the right information at the right time to track success and help guide our marketing campaigns and revenue generation.

You will be empowered and expected to challenge the norm and translate our product strategy and Go-To-Market into action. You will be charged with getting the word out and creating a market space for us to reel them in. We have a beautiful product, but we need to find new ways to seduce others to experience that beauty!

About you

We need an experienced self-starter to drive SpatialKey marketing. You must be passionate about the SpatialKey brand, embrace how cool insurance really is, and invest yourself in the relentless promotion of who we are and what we have to offer.  You should have expert understanding in marketing progressive business-to-business software solutions.  You should know what resonates with your target market and choose the optimal mix of marketing vehicles to appeal to the insurance industry, including executives, analyst users and IT shops.

Our product suite is in constant motion with new product releases every couple months, which means you need to excel when working in a fast-paced environment. You must have thick skin! You take and encourage constructive criticism and work towards innovative marketing programs that can match the innovation in our products.

You will be empowered with autonomy and a very supportive network of colleagues; but you will be expected to work smart and independently and deliver on your commitments. You must thrive in a remote work environment. We don’t have enough people to pass the buck. You are the resident expert and are essential to driving marketing at SpatialKey…embrace the opportunity!

Here’s what we are looking for in an ideal candidate:

  • 7+ years marketing experience at a software product company. Insurance industry experience is highly desired.
  • Own creation of marketing campaigns for SpatialKey’s presence on the web, in social media and industry publications, and at conferences
  • Lead generation of product release communications, including press releases, blog and support posts, case studies, data sheets, release notes, and demo videos.
  • Perform market research, report performance and effectiveness of marketing campaigns and build a focused marketing toolkit
  • High-energy, self-motivated, confident individual with exceptional relationship-building skills.
  • Ability to work efficiently and effectively in a remote work environment.
  • Demonstrated ability to influence colleagues across the organization to help deliver quality output under deadlines.
  • Excellent oral and written communications skills.
  • Effective time management and organizational skills with an astute attention to detail, and the ability to manage multiple projects simultaneously.

How to apply

It’s easy, email us your resume and tell us why you want the job. This isn’t a big HR hiring department thing, so speak directly and let us know why you’re a good fit for what we’re looking for. Compensation will be commensurate with experience, but if you’re worried about us meeting your salary requirements please include your required range when applying. We want to see that you’re passionate, you love what you do, and that you’re good at it.