Who needs Q for underwriting gadgets when you have SpatialKey?

by Heather Munro on July 18, 2016

James_Bond_Blog_5_Image.png Photo credit: alternative007.uk.co

James Bond wouldn’t be James Bond without Q, the British Secret Service’s gadget guru. Whether it’s a space-age jetpack or a briefcase that shoots knives, Q designs one-of-a-kind tools that simplify the job of being Britain’s top secret agent.

Sure, Bond still has to get in a good old-fashioned fist fight now and then, but there’s no question that Q’s high-tech spy gear is his secret weapon. Just like Bond, underwriters have advanced technology to help them stay one step ahead of the competition. It’s called SpatialKey.

Tailor-made for the underwriting process, SpatialKey delivers self-serve analytics that enable you to make faster underwriting decisions. Protecting your portfolio from risk has never been easier, especially when it comes to terror. Here’s why.

Better, off-the-shelf underwriting solutions

Just as Q provides the cutting-edge tech that enables Bond to do what he does best, SpatialKey offers underwriters the sophisticated solutions they need to write profitable risks. Bond wouldn’t build his own solution and neither should you.

Terrorism underwriting has changed significantly since 9/11. Fifteen years ago, geospatial insurance analytics and technology providers weren’t around to solve the problems they can now. SpatialKey was built to fit into the insurance industry workflow. Today, you can quickly assess terrorism risks without the development and maintenance costs associated with creating an in-house solution.

In addition, as technology continues to advance, analytics become increasingly sophisticated. Tapping into insights, especially about accumulations, informs your underwriting decisions like never before. You need a partner like Q to keep your technology up to the minute, so you can stay ahead of the competition.

As savvy underwriters, you understand that to write profitable terror policies, you need to look beyond the total combined risks and understand the specific terrorism threat. To do that, you need insurance technologies that let you access analytics quickly and easily so you can make decisions before a risk hits your books.

Like one of Q’s sophisticated gadgets, SpatialKey makes that possible.


Not only can you can manage your risk accumulation by evaluating prospective risks within the context of your portfolio and claims history, you can visualize and analyze data in near real-time. Additionally, SpatialKey simplifies the process of comparing risks to your overall capacity, so you can remain focused on building a healthier portfolio.

With SpatialKey, you can:

  • Overlay any data that is useful to your underwriting process, including POIs, portfolio exposures, past activity, and claims.
  • Visualize high-interest terrorist targets on a map and evaluate new risks and your accumulations in close proximity.
  • Calculate the peak accumulation and rough loss estimates by “modeling” terrorism using a realistic concentric ring analysis.

Plus, our unmatched user experience enables you to easily access the insights you need to make smarter decisions right out of the gate—there’s no need for extensive training to get started.

Best of all, SpatialKey is a cloud-based Software as a Service (SaaS) solution, which means you and your team are up and running fast. In a matter of hours, you’ll be using SpatialKey to analyze properties against potential bomb threats. What’s more, like Bond depends on Q, you can leave the worry of maintenance and future innovation to us…you’ll always have the best tech to work with.

Underwriters who can leverage the latest insurance analytics solutions will have a distinct advantage over their competitors. Now’s the time to make technology your secret weapon.

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Topics: Underwriting

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