Prudent exposure management starts at the point of sale. 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.
With SpatialKey’s Flood Underwriting application, we are able to make more informed decisions on risk selection and what terms and conditions are appropriate. We have easy access to individual risk information on our desktop, and together with the mapping system, we are also able to take into consideration our accumulation at that location - all at the point of underwriting. It is a powerful tool.
Clive Edwards, Head of UK Commercial, Aspen Insurance
The partnership between SpatialKey and JBA is a perfect example of collaboration between experts whose shared aim is to enhance our clients’ business. We are delighted that our combined knowledge and understanding of the re/insurance industry is producing innovative and creative results. The new Flood Underwriting application is the first of these and we are confident that it will enable insurers to make swift yet sound underwriting decisions.
Jane Toothill, Director, JBA Risk Management Limited
Catastrophic flooding is becoming more common, more destructive, and more expensive for insurers. But that doesn’t mean your customers deserve long underwriting delays. The SpatialKey Flood Underwriting app gives your underwriters intuitive, interactive scorecards they can use to quickly anticipate future costs with a more complete understanding of flood risk.
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