Property valuation and risk assessment
Evaluate property value and risk with complete confidence using comprehensive, trusted location data and spatial analytics
See the full picture
Properties are complex. Understanding all of the attributes and location-specific factors associated with them is key for valuations and risk analyses, but imprecise geocoding, bad addresses, and insufficient data frequently make these assessments challenging and inaccurate.
Gain a complete understanding of properties and make informed decisions that reduce exposure and enhance profitability with trusted geo addressing, spatial analytics, and pre-linked enrichment datasets from Precisely.
Ensure your address data is assessment-ready
Addresses are subject to change, error-prone, and often incomplete, which can lead to inaccurate assessments. Imprecise geocoding, like placing a property in a parcel’s center rather than its real position closer to a shoreline, can exacerbate inaccuracies.
Ensure your address data is accurate, leverages rooftop-level geocoding, and is enrichment-ready. Precisely standardizes, validates, and geocodes address records while appending a unique ID for enrichment to provide the data you need for valuation and risk assessment.
Evaluate property-specific characteristics and risks
Address and location accuracy are just the start; you also need complete property data and a deep understanding of potential hazards to accurately assess value and risk. Transform address data into a complete view of properties by enhancing it with key information, like:
- Parcel boundaries and building footprints
- Property attributes like ownership, replacement costs, and physical characteristics
- Catastrophe risk for wildfires, floods, and earthquakes, and more
- Co-tenant and adjacent risk
Analyze, visualize, and plan accordingly
Bring your data to life and undertake complex geospatial analyses faster, more easily, and with greater accuracy. Precisely’s spatial analytics and mapping tools enable you to uncover critical trends and model different scenarios to understand all of the risks related to a specific location.
Learn how Helvetia reimagined their underwriting and pricing operations using geospatial analytics from Precisely to assess risk at scale.
Take valuation and risk assessment to the next level
Armed with everything you need to assess properties and risks, you can:
- Enhance profitability with more accurate pricing and informed investments
- Strategically de-risk your book of business, strengthening financial stability
- Streamline risk assessment processes and increase their accuracy
- Accelerate the quoting process to improve close rates
- Save time and money with faster dataset onboarding, integration, and analysis
- Provide better customer experience and more competitive pricing
Property clarity that powers better outcomes
Discover what our customers have achieved:
A leading multi-line insurer uses Precisely location intelligence and data enrichment solutions to gain a real-time, enterprise view of properties. They estimate an annual benefit of $18.2M from enhanced decision-making.
A multinational finance and insurance organization uses Precisely to help optimize their reinsurance strategy. With deep property data they identified a $500M TIV underinsurance gap in NYC and a potential $31M in reinsurance premium savings.
“Precisely provides us with access to accurate, consistent, and contextual enrichment data that helps power our AI/ML models in a way that is both scalable and reliable.”
Costanza Balboni Cestelli, Head of Data Intelligence & Innovation
Frequently asked questions
Why Precisely instead of other geocoding vendors?
We assign rooftop-level geocodes and a unique identifier for data enrichment, scale performance for enterprise needs, and geocode across 250+ countries and territories.
What property, address, and risk datasets do you offer?
We offer data for all known addresses at the country level; detailed property attributes, buildings, and parcel data; as well as comprehensive data for fires, floods, earthquakes, and severe weather. For a complete listing of enrichment data, please visit the data guide.
How easily can I integrate your data with my own?
Precisely Geo Addressing appends a unique ID that makes it frictionless to connect your data with hundreds of pre-linked datasets from Precisely, streamlining integration.
Want to learn more about property valuation and risk assessment? Let’s talk!
Fill out the form and one of our experts will be in touch.