Discover PinPoint
Discover the benefits of PinPoint, a versatile property risk assessment tool which combines geospatial and peril datasets to assess new risk, existing policiesand claims data.
Precision Peril Modelling
Sciemus works in partnership with Ordnance Survey to geocode a property to a precise location and incorporates data from established providers to identify the perils associated with that location.
Reinventing the Wheel
The Risk Wheel alerts users to specific property risk by displaying risk scores for each peril. The Risk Wheel also alerts users to risk aggregation and claims accumulation.
Enrich your Data
Sciemus can precisely geocode your existing policies and claims data to assess an existing book of risk against selected perils, identify aggregation risk, claims hot spots and assist with business development.
Benefits
PinPoint delivers benefits to users by rapidly assessing the information and data associated with an individual property or portfolio of properties. PinPoint provides a single user interface which geocodes a property to a precise location and assesses that location for flood, subsidence, wind storm and other location related data.
Where there is a large volume of property to be assessed, for example an entire policy book , Sciemus provides batch geocoding and risk assessment services with the results being returned either as a report or displayed within the PinPoint mapping tool.
An organisation implementing PinPoint will benefit from:
- Increased profitability from better risk selection and reduced claims
- Increased productivity through the rapid assessment of risk and more confident decision making
- Powerful aggregation analysis for portfolio management and reinsurance evaluation
- Identifying opportunities for growth by identifying and targeting strategies for under exposed and under-priced areas and portfolios
- Improved data quality, transparency and standardisation for compliance with Solvency II