The data arms race in property underwriting: Getting equipped

Insurers are only good as their weakest dataset and this can be costly when underwriting margins are tight and price competition is fierce.

To gain insights into how data is changing the property underwriting field, Ordnance Survey asked over 100 insurers, brokers and MGAs about their data usage and the value they receive from it.

This report sheds light on the research findings, the value of premium data over free data and the implications for property underwriters.

Topics covered include:

- Data validation and making sense of data.

- Unstructured data analytic teams.

- Real time data and the future.