Without higher-quality data for a particular property and its characteristics, you may have to ask customers more questions when quoting—and your underwriting decisions may be slower and less precise. How can you quickly get a more complete view of the risk associated with a property and an accurate valuation to support your initial review?
UKBuildings provides detailed property characteristics of residential and commercial buildings for underwriting and rating purposes.
UKBuildings has some of the most detailed, accurate property characteristics and data for any building in Great Britain.
Insurers can quote a property while asking fewer questions as UKBuildings helps to validate property details and improve the customer journey.
UKBuildings is available as a real-time API, a flat file, or via our map-based underwriting portal, Location Matters. It also seamlessly integrates with any GIS.
The data, derived from high-resolution aerial images and street-level mapping of buildings and surrounding properties, along with proprietary and third-party data sources, provides a comprehensive solution to help assess risk.
UKBuildings has 98% coverage of detailed property attributes across Great Britain, describing sites, buildings, premises, and elements (of buildings).
Construction details include building age, roof and wall types, floor area, number of storeys, and presence of basements for 29 million GB addresses. The solution also has listed building grades, flat conversion indicators, unique address identifiers (e.g., UPRN and UDPRN), and geocodes.
Our underwriting tools and data provide insight into risks associated with any building and its occupants, plus claims history and perils exposure by postcode or address.
Use our one-stop hub of real-time data enrichments to increase the accuracy and competitiveness of your insurance pricing and improve the customer journey.
Receive more precise risk estimates of major insurance perils at the postcode unit or address level, including theft, fire, subsidence, escape of water, freeze, flood, storm, and accidental damage.
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.
Make sense of large geodemographic classifications and track insurance uptake trends across your client base for product builds and marketing offers. Generate risk assessments of customers based on their claim frequency and average claim value.
Identify any address of the 30 million addressable properties in the UK. Ensure your addresses are accurate when making use of any address-level risk model.