No Data? No Problem.
One of the most compelling aspects of 360Value insurance-to-value portfolio analyses is the ability to provide you with actionable information about your portfolio, even if you don't have an extensive database of property information.
All you need are the property addresses, and the ISO PushPin™ database will collect additional property data. ISO PushPin contains specific and detailed information on key building features for more than 75 million residential properties in the United States and can return as many as 17 property-specific details for analysis. ISO PushPin is an invaluable tool for gathering property information during the underwriting process and increasing the robustness of portfolio analysis.
360Value Service Solutions
One of the most compelling aspects of 360Value insurance-to-value portfolio analyses is the ability to provide you with actionable information about your portfolio, even if you don't have an extensive database of property information.
All you need are the property addresses, and the ISO PushPin™ database will collect additional property data. ISO PushPin contains specific and detailed information on key building features for more than 75 million residential properties in the United States and can return as many as 17 property-specific details for analysis. ISO PushPin is an invaluable tool for gathering property information during the underwriting process and increasing the robustness of portfolio analysis.
360Value Service Solutions
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Insurance-to-Value
For many primary insurers, keeping up with the ever-changing nature of replacement costs is an uphill battle. Not only do replacement costs change when homes change, but they fluctuate even when homes remain the same. Material, labor, and energy costs are highly fluid and have significant influence on replacement cost estimates.
360Value's insurance-to-value portfolio analyses can help you determine if your company's portfolio is insured to value. If so, the analyses can identify which specific properties are likely not insured to value and tell you by how much. If 360Value identifies a property as underinsured, you can work with agents or directly with policyholders to update the property information and adjust Coverage A. These analyses have allowed companies to improve their insurance-to-value ratio. Furthermore, your policyholders will thank you since insuring a home to value protects them in the event of a total loss. -
Renewals Processing
360Value insurance-to-value portfolio analyses can help keep your portfolio insured-to-value year after year with renewals processing. At renewal, many companies successfully use inflation factors, but there may be cases where a specific home rebuilding costs have outpaced general inflation factors. Furthermore, renewals are a good time to add any home additions or improvements to the Coverage A amount. By re-analyzing the replacement cost estimate of each property at renewal, you can be confident your portfolio is being optimized year after year.