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.
Underwriting
Property underwriters can access a suite of accurate peril, mapping and historical information to improve the selection, assessment and pricing of property risk.
Benefits for Underwriters
- Increased competitiveness through faster client and broker response times
- Increased productivity through the rapid assessment of risk and more confident decision making
- Improved loss ratios through better claims mitigation
- Avoiding being selected against
- Rapid risk assessment of existing exposures and new portfolios
Benefits for Organisations
- Increased profitability from better risk selection and reduced claims
- 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