Insurance

The world’s leading insurance carriers use location data to assist in key business decisions and risk management. They rely on Pitney Bowes MapInfo’s integrated location intelligence solutions for portfolio risk management, underwriting, rating, sales, marketing and distribution management as well as effective claims management, fraud detection, and compliance reporting. With powerful mapping software, comprehensive industry datasets and professional services from Pitney Bowes MapInfo, corporate risk managers, underwriters, actuaries, claims managers, marketers and IT professionals make their insurance companies more competitive and profitable.

Use location data to make better decisions:

Automate tax jurisdiction determination

• Manage ever-changing district boundaries for accurate premium assignment
• Eliminate complicated manual and ZIP code based systems
• Minimize audit risk
• Ensure compliance and eliminate fines

Assess portfolio risk aggregation and exposure

• View policy addresses in proximity to risk factors
• Analyze and visualize total financial exposure to events
• Manage reinsurance treaties and geographic risk

Create more accurate rating territories

• Set competitive pricing with detailed risk segmentation
• Ensure policy premiums accurately reflect true risk

Improve claims processing and customer service

• Analyze prospective claims in areas threatened by disasters
• Plan claims service resources based on projected need
• Deploy web services to find nearest agent or routing

Refine insurance and business processes

• Align sales, marketing and agents to market potential
• Predict purchase behaviors to up-sell customers
• Cleanse, validate and geocode policy addresses in real-time
• ACORD XML and standards compliant web services technology integrates seamlessly with existing IT infrastructure

Pitney Bowes MapInfo Solutions for Insurance:

Applications – Powerful mapping programs for analysis and marketing

Enterprise Software – Online and server-base location platforms

Business Intelligence – Enhance BI investment with location intelligence

Insurance Data – Location data to manage risk and set appropriate rates

Predictive Analytics Services – Advanced modeling and consulting

Pitney Bowes MapInfo insurance expertise

Pitney Bowes MapInfo is the leading global provider of location intelligence solutions. Insurance carriers around the world count on Pitney Bowes MapInfo for geographic analysis and predictive modeling solutions, demographic and risk data, and consulting services. Visit our Predictive Analytics Services page to find out how Pitney Bowes MapInfo can help you transform your business with location intelligence.