Aon provides clients with more accurate advice thanks to detailed building information
Reinsurance broker Aon analyzes the risk of natural disasters for its clients. To do this, address and building information from Belmap is used to enrich client data, allowing for much more accurate modeling.
Aon offers reinsurance solutions and advises professionals on capital and risk management.
One of the key pillars in providing this advice is modeling all possible scenarios and their financial impact on the insurance company’s balance sheet.
Aon offers reinsurance solutions and advises professionals on capital and risk management.
One of the key pillars in providing this advice is modeling all possible scenarios and their financial impact on the insurance company’s balance sheet.
The challenge
The more detailed information insurers have about a building to be insured, the more accurately they can assess the risks. In addition to address information, it’s crucial to collect data on the physical characteristics of a building, the surrounding structures, the environment, and more.
This is a time-consuming process, which is why Aon Benfield turned to the expertise of GIM.
This is a time-consuming process, which is why Aon Benfield turned to the expertise of GIM.
For us, Belmap is a valuable resource for quickly and reliably identifying the risks associated with buildings.
Jürgen Wielandts – Aon
The solution
GIM uses Belmap, the reference source for location-specific information about buildings and addresses in Belgium. Belmap integrates high-quality location data from various sources and organizes it into seven clear themes.
For each building, Belmap includes physical characteristics such as surface area, height, building type, and distance to neighboring buildings. It distinguishes between apartment buildings and detached, semi-detached, and terraced houses.
For each building, Belmap includes physical characteristics such as surface area, height, building type, and distance to neighboring buildings. It distinguishes between apartment buildings and detached, semi-detached, and terraced houses.
The result
Aon now has the insights needed to determine the exact geographic location and characteristics for each address, down to the level of individual buildings. This enables the insurance broker to carry out actuarial analyses and assessments with much greater accuracy.
