How a major home insurer refines its risk analysis with geodata from Belmap
Belmap as a stable, reliable source of information
A major insurance group insures homes in the Benelux. To do this, they need a reliable geodata solution that not only provides extensive and high-quality data, but also ensures seamless integration with their existing platform.
The digital challenge for modern insurers
“To offer digital underwriting and accurate risk analyses as a home insurer, we need highly detailed and high-quality data,” explains the IT Coordinator and Data Officer. “Moreover, this data must be consistent across the entire Benelux and seamlessly integrated into our platform.”
The biggest challenge is finding the correct addresses of the properties to be insured, standardizing them, and then deriving the risk characteristics from Belmap. “The geolocation of risks depends directly on the quality of the addresses. In addition, precision is a crucial element for accurately documenting risks.”
The biggest challenge is finding the correct addresses of the properties to be insured, standardizing them, and then deriving the risk characteristics from Belmap. “The geolocation of risks depends directly on the quality of the addresses. In addition, precision is a crucial element for accurately documenting risks.”
Reliable addresses in Belmap
The insurer therefore looked for a partner with experience in geodata solutions for the insurance sector. This led them to GIM and the Belmap API.
“With Belmap, we have access to all address information and 3D building layers for the entire Benelux. Additional information, such as flood risk, estimated building volume, property type, and more, can also be requested.”
The Belmap solution offers three concrete benefits:
“With Belmap, we have access to all address information and 3D building layers for the entire Benelux. Additional information, such as flood risk, estimated building volume, property type, and more, can also be requested.”
The Belmap solution offers three concrete benefits:
A solid foundation for further innovation
The result is a stable, reliable source of information that enables them to make accurate risk assessments of properties, manage their portfolio more efficiently, and process more cases. Belmap will also play a crucial role in further automating and digitalizing the underwriting process.
The insurer is so convinced of Belmap’s added value that they have entered into a co-creation partnership with GIM for the further development of new modules.
“We are very enthusiastic about the possibilities Belmap offers, both for the digital underwriting process and our risk modeling.
The collaboration with GIM goes beyond just data integration—GIM also acts as a consultant in identifying new opportunities for digitalizing our processes. We look forward to exploring further innovations together with GIM to strengthen our position in the Benelux market,” concludes the IT Coordinator & Data Officer.
With Belmap’s accurate and reliable data, we improve both our digital underwriting process and our risk assessments.
IT Coordinator & Data Officer
