SpatialKey's flood solution helps Catlin write better risks

Posted on January 29, 2015 by Bret Stone

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Press Release (excerpt) - January 28, 2015

SpatialKey’s expertise in delivering intuitive, speed-of-thought risk analytics and visualizations has enabled Catlin to write better risks and identify new opportunities. The SpatialKey Flood Underwriting application is built specifically for underwriters and helps them to evaluate flood exposure, avoid adverse flood accumulations and gain insights surrounding the quality and correlation of prospective risks relative to their portfolio.

"Our use of SpatialKey has improved the way we analyse and make underwriting decisions. We write new business with greater confidence and understanding of our flood exposure, creating competitive advantage and lower claims costs," says Colin Panzetta, Senior Class Underwriter at Catlin.

SpatialKey’s flood solution integrates expert commercial flood maps across the globe, currently covering Europe, Asia, U.S. and Australia. This solution delivers purpose-built applications, tailored to underwriting and exposure management workflows, that provide focused insights to help insurers manage flood accumulations, develop views of risk and accelerate underwriting decisions.


Full press release can be accessed here.

Posted in Insurance, Underwriting, Flood, Exposure Management, Analytics | Leave a reply

SpatialKey delivers new U.S. flood solution!

Posted on June 25, 2014 by Bret Stone

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screenshot4 - replacement zoomed

Last week, we announced our partnership with KatRisk LLC to deliver an innovative U.S. flood solution. Re/insurers can now easily identify and monitor portfolio flood accumulations and optimize risk selection at the point of sale.
This solution is delivered in the new SpatialKey Flood Analyst app and further extends the value of the Flood Underwriting app.

We have integrated KatRisk’s U.S. riverine and surface water flood data, available at 10m and 30m resolutions. Additionally, the KatRisk flood risk data can be complemented with coastal surge data from NOAA, accumulated by USGS hydrological units, and compared to FEMA flood zones to help re/insurers build intuition and calibrate their views of risk.

 

Dag Lohmann, CEO and co-founder of KatRisk, said: “We are excited to team with SpatialKey to deliver our detailed and comprehensive flood risk data. The KatRisk 10m resolution data is unique in its detail and breadth, modeling both riverine and surface water flooding in all areas of the contiguous United States with no lower limit on modeled catchment size. The collaboration between KatRisk and SpatialKey has put the SpatialKey application ahead of the curve in being able to rapidly visualize and analyze our highly detailed and expansive data sets.”

To read our full press release with KatRisk, click here.

To learn more, please contact us.

Posted in Insurance Intelligence, Insurance, Underwriting, Flood, Exposure Management, Analytics | Leave a reply

A new way to visualize your portfolio exposure!

Posted on January 8, 2014 by Bret Stone

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We are excited to release our latest innovation in SpatialKey Insurance Intelligence, the SpatialKey Portfolio Composition application! Now, you can efficiently analyze and consistently communicate portfolio health to stakeholders with unmatched access and ease of use to help you stay on top of your business.

With SpatialKey Portfolio Composition, your entire organization can derive intelligence captured in your most recent portfolio data. This application illuminates patterns and trends in exposure and loss data using rich visual analytics, all in one place. Having access to these insights, anytime and anywhere, empowers your organization with a focus on what's important.

To learn more, please take a look at the SpatialKey Portfolio Composition product sheet and watch the demo video below for a quick orientation.

As always, we would love to hear from you! If you want more details as to how this purpose-built solution could add value to your operations, please contact us.

We hope this application starts your 2014 with enhanced insight!

Posted in Insurance Intelligence, Mapping, Insurance, Exposure Management, Analytics | Leave a reply

SpatialKey speaks to the value of its Insurance & Market Intelligence solutions

Posted on October 3, 2013 by Bret Stone

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While calls haven’t been rolling in from Hollywood talent scouts [yet], the SpatialKey executive team is thrilled to have finally made their film debut! If you want to learn more about SpatialKey, the business application of its products, and its culture of innovation, take a look at our new product videos! You will gain more insight into the SpatialKey Insurance Intelligence and Market Intelligence solutions, as well as a general overview of the SpatialKey Platform.

If you don't want to wait for the link to load to our website, enjoy instant gratification here...

Insurance Intelligence
Whether you’re insuring individuals, businesses or other insurers, you need to make optimal use of your risk capital to enhance profitability and resiliency. You need efficient processes and the right analytics.

Underwriting
Through SpatialKey, you can exploit faster, better intelligence to ensure more satisfying experiences for customer prospects, higher underwriting profits, and reduced downstream costs associated with claims.

Exposure Management
SpatialKey delivers a full suite of unbiased, unprecedented visual analytics tools to empower your organization with risk intelligence that enhances both your resiliency and your bottom line.

Event Analysis
SpatialKey helps you evaluate and manage potential outcomes with unparalleled ease of use, calibrating your view of risk, enabling data to be shared across your organization, and accelerating your response to live catastrophes.

Market Intelligence
Whether your product is a good or service, serving the needs of a business or individual, you need to quickly evaluate market trends and opportunities, understand your customer, and mobilize your growth strategy. With SpatialKey’s unmatched visual analytics, you can quickly build a competitive advantage and accelerate decision making.

SpatialKey Technology & Innovation
SpatialKey gives you rapid analytics and agile visualizations to help you elevate your organization with enhanced insight and intuition.

If you would like more information, please contact us.

Posted in Insurance Intelligence, Mapping, Insurance, Underwriting, Event Analysis, Technology, Exposure Management, Sales & Marketing, Analytics, Market Intelligence, Event response | Leave a reply