Melissa ist Nischenanbieter im Gartner Magic Quadrant für Datenqualitätslösungen 2020

Melissa DE Team | 2020, Data Enhancement, Data Enrichment, Data Integration, Data Management, Data Quality, Datenqualität, Germany, Global Data Quality, Press Release, Presseberichte | , , , , , , , , ,

Führendes Forschungs- und Beratungsunternehmen zeichnet Anbieter für ihre Visionen und Umsetzungsfähigkeit aus

Köln. Melissa, ein führender Anbieter globaler Datenqualitäts- und Adressmanagementlösungen, hat heute bekannt gegeben, dass Gartner das Unternehmen als Nischenanbieter im Magic Quadrant für Datenqualitätslösungen1 positioniert hat. Melissa ist einer von 16 Anbietern, die in dem Report bewertet wurden.

Read more “Melissa ist Nischenanbieter im Gartner Magic Quadrant für Datenqualitätslösungen 2020”

Melissa Lookups – New Features, New Look

Author | Lookups | , , ,

Melissa Lookups got a new look! Along with a more modern interface, the platform now comes with faster, better performance, and new features.

Here’s what’s new:

Additional Feature for Programmers

Easily obtain 140+ result fields of data in JSON or XML formats. Get accurate data faster and in the format you need for most of our Lookups.

Home Sales by Zip New!

This brand new Lookup provides the average sale price of homes within a ZIP, by month. Once you click on a specific month, you will get a list of every home sold within that month, plus first and last name, address data and sale price.

Batch Business Check New!

Our most recently added Business Lookup! Simply enter a spreadsheet of company names and addresses and Batch Business Check will verify, correct and standardize your data all at once.

Check out 45 different Lookups, here.

The Seven Things Most Insurers Don’t Know About Hazard Data

Blog Administrator | hazard data | , , , , ,

Unless you spend everyday thinking about, creating, and updating hazard data there’s probably a lot you don’t know about it.  We were asked what we thought the seven top things that insurers didn’t know about hazard data were.  Here’s our list:

1) There’s a cost to not using the data. Most hazard data is sourced on a per transaction basis or on annual license based on anticipated transaction volume. In other words, data costs money.  But that cost is minimal compared to taking on unnecessary risk or underpricing a policy.  Very few underwriting departments examine the cost of making a bad decision to save a dollar or two on hazard data.  The thought process is almost always, what’s this report going to cost?  Not, what’s the cost of writing a bad policy?

2) Hazard data changes. The hazard data that you used last year to quote and bind a policy may not be the same this year.  Hazard databases are evolutionary not static. Some change annually, some quarterly, and some even monthly.  Events that happen or didn’t happen this month, quarter, year, will affect the update of the hazard data and can change the scores of your models. For example, a wildfire will take a high risk area to a low risk area literally overnight. It may take three to five years or longer for the vegetation to grow back to make it a high scoring area again.

3) The more hazard data the better. Typically companies only look at the hazard variables they are interested in. And that makes perfect sense. It’s also a little short sighted. By acquiring hazard data beyond the basic needs an insurance company can start building up a history of scores associated with a property and find out if other variables are predictive for them and understanding the likelihood of a claim being filed.

4) Hazard data should be used to educate the consumer. You may recall the Farmer’s commercials that showed how to prevent claims.  They were humorously teaching consumers how to mitigate risk. Underwriting and Claims should be leading the charge on mitigation.  Hazard data reports provided to the consumer can go a long way in educating the policyholder and reducing claims. As odd as this may seem, very few consumers know their true hazard exposure.

5) Exposure analysis and underwriting should work hand in hand. Some people look at the big picture, some people look at the small picture.  Macro versus micro.  But the underlying hazard data to look at both pictures should be the same. When you have differences in data, or versions of data, different departments can be sending different messages throughout the company.

6) Using hazard data does not have to be hard. Through the use of LandVision Insurance and APIs, as well as geospatial files, data delivery can be tailored to meet your specific needs. Companies can also vary their hazard data delivery by department, with some departments receiving geospatial files, some reports, and some the API.  The easier it is to us hazard data the more likely it is to get used.

7) The more you use hazard data the better your loss ratios become. Knowledge is power according to Sir Francis Bacon. And the more you know, the more you know when it comes to accurately writing, quoting and binding a policy. Greater knowledge at the beginning of the policy process equates to better policies written which correlates to better loss ratios.

If you came up with some other answers, please send them our way.  Clearly there are more than seven things that aren’t typically known about hazard data, but we stopped at seven.  But without getting into all of the technical details of sourcing, update schedules, modeling techniques, etc., the key point is, if you have access to hazard data, use it.
If you don’t have access, get it. And that the more data you have the better your decisions will be.

Acquire Property Owner Info in Under a Minute

Blog Administrator | Property Data, TopConnector | , , , ,

Looking for instant insight? Curious about a property or property owner? Get all the data you need, on any property you want – in less than a minute! The TopConnector App provides unlimited and unrestricted access to data for more than 120 million properties and its owners. And, it’s all in one place – your hand.

Individuals in real estate, insurance, home renovation and a plethora of other businesses offering services to property owners, are staying one step ahead of their competition with the TopConnector App. Imagine how you or your company would benefit from easy access to information on virtually any property in the US…

Ok, get your head out of the clouds…

This is How It Works:

  1. In the neighborhood: Tap the “My Location” button to center the map on your current location. Touch any house you see on the map to get the property and owner info – touch the next house, then the next, and so on.
  2. In the office: Enter an address in the “Search Field” and tap the “Search” button. The app will show the address location on the map. Start touching
    properties on the map to get property & owner data.
  3. In-the-dark on an address: Center the map manually on the area you want to research. Start touching properties on the map to see all the details.
  4. In picture-taking mode: From the location, take a picture of whatever you’d like – a house, tree or your shoes! Then use the “Find Photo’s Location” feature to show the photo’s location on the map. Start touching properties you see on the map to get particulars.

TopConnector can be downloaded in the App Store at topconnector.us or for more information, visit topconnectorapp.com