Interpolated street address or parcel level geocoding is often used in identifying
a house or building location. However, you can’t precisely rely on their location.
In partnership with Building Footprint USA, Korem provides rooftop level geocoding data.
You can use a rooftop accurate point or the building polygon to determine levels of flood risk.
Develop nuanced rules that make it easy to understand the relationship between an address,
a building, and any type of zone or area that represents your risk.
WHY BUILDING FOOTPRINT DATA IS THE SOLUTION
Locate with Rooftop Accuracy
Compare addressed building footprint data against
the flood zone
Create risk tolerance and underwriting rules with accurate location
Increased accuracy in quoting and pricing risk (ROI)
GAIN MORE INSIGHTS
INTO A PROPERTY’S LOCATION
Most natural disasters over the past 10 years involved catastrophic flooding. Your business is to mitigate this loss by helping consumers and businesses be proactive.
WHY SHOULD YOU TRY
BUILDING FOOTPRINT DATA?
Building Footprint data allows underwriters
to screen risk more accurately.
- Increased accuracy in quoting and pricing risk
- Enforceable underwriting guidelines leading
to a decrease in claims
- Reduction in underwriting leakage
- Highly realistic catastrophe modeling results