General Insurance Underwriting
Location Matters

Develop a more comprehensive view of property risk with interactive mapping technology to visualise all the different risk accumulations at an individual address or postcode level.

Would you like to gain a better understanding of property risk?

Not knowing all the relevant factors linked to a physical location can put insurers at a competitive disadvantage when underwriting UK property risk. The local environment, type and construction of buildings, population demographics, and major insurance perils all need to be considered for more precise underwriting and risk selection.

Localise your underwriting to optimise your portfolio

Individual property risk can vary drastically from one location to the next. Location Matters allows you to visualise and manage your exposure and can help to vastly improve risk selection and your underwriting profitability.

Identify high-risk and low-risk properties

Gain deeper insight into the properties you insure at a postcode or an address level and assess their associated risk.

Quantify major insurance perils risk with ease

See relevant risk scores at the postcode level for major perils such as theft, flood, subsidence, fire, storm, escape of water, or freeze—and at address level for selected risks.

Improve exposure management

Better manage your exposures with insight into the accumulations of risk across your portfolio—while you identify more profitable opportunities and reduce reinsurance costs.

At Beazley, the use of Location Matters is integral to our assessment of risk, and we find the level of detail provided is invaluable in identifying high-risk properties at address level within the UK.

Beazley customer

Features and capabilities

Near-instant access to accurate property characteristics

You can get reliable property characteristics—including building age, roof type, wall type, floor area, and number of storeys—for 29 million addresses across the UK.

Leverage highly granular risk-mapping technology

Interactive maps that use internal and external perils models and geodemographic classifications allow you to visualise all the different risk accumulations at an individual address or postcode level.

Gain full interactivity

You can upload your own data (such as ratings, policies, or claims) onto the map, layer different perils and their likelihood, create potential loss scenarios, and apply your own underwriting rules.

Assess claims reliably

Claims departments can also use Location Matters to assess the validity of individual claims from audit reports that provide historical insight into property risk at a specific time.

Discover how Location Matters can help you

When making underwriting decisions for any given property, you can log in to Location Matters to look up that address and identify all the property, perils, and geodemographic data to remove any doubt from your risk assessments.

Discover how Location Matters can help you

Do more with the Verisk ecosystem

Our suite of underwriting tools and data sets provide granular and accurate insight into the risk associated with any building and the people who live there, along with previous claims information and relevant perils exposure at a postcode or address level.

Contact us to learn more

Please contact us for questions, technical support, or to reach a salesperson. We are available Monday through Friday, 9 a.m. — 5 p.m. BST:

Global toll-free:

International Access code, then 800 48977489.

Main toll-free:

1-800-888-4476

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General Insurance Underwriting
Location Matters

Would you like to gain a better understanding of property risk?