Insurdata

THE HIGH-RESOLUTION, PERIL-SPECIFIC EXPOSURE PLATFORM

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FIXING FUNDAMENTAL PROBLEMS

The re/insurance industry relies upon exposure data that is not fit for purpose.

Underwriting decisions are based on aggregated data as individual risks cannot be accurately identified. Geocoded information is unreliable, and vital attribute data, such as first-floor elevation, doesn’t exist.

Insurdata has created technology to solve this problem. Their proof of concept projects with SCOR and Katrisk showed the material impact Insurdata technology has on modelled loss estimates.

 

FOUNDERS

Jason Futers – Previously at RMS and AgRisk.

Jeremy Sterns – Previously CTO at StrongView, Send Word Now and ContextWeb.

Insurdata
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PRECISE

The highest resolution exposure data to optimise pricing, underwriting and risk assessment decisions.

PERIL-SPECIFIC

Use peril-specific attribute data to maximise core risk management.

RELEVANT

Delivering relevant data where it is needed most at any point in the re/insurance chain.

REAL-TIME

Generation real-time data through the risk assessment process, from point-of-underwriting to risk transfer.

“There have been a few Gateway moments already! One striking one was standing in the stormy sea, fully suited and booted, for publicity photos. Not an everyday occurrence at Insurdata, but the Gateway are always pushing the boundaries to make extraordinary things happen, and that is why we love working with them!”

Jason Futers, Co-Founder at Insurdata

“Insurtech Gateway and Insurdata are separately tackling the Insurance industry’s biggest challenges. Working together is a very natural fit and we’re delighted to be joining their portfolio.”

Jeremy Sterns, Co-Founder at Insurdata

We understand that your idea might not be fully formed yet, that you might still be in a full time job or be genuinely stuck with lots of stakeholders breathing down your neck.

For a confidential, exploratory chat with one of our local incubator teams, book a video chat.

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