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Tying Risk To Geography Can Help Limit Exposure (Homesite Insurance Group Case Study)

Read how Homesite Insurance Group, a progressive homeowners insurance company that sells in 43 states, uses technology that pinpoints location to better understand risk, improve customer service and speed up processes. Rather than rely on ZIP codes to evaluate risk which change frequently, Homesite relies upon Group 1 Software’s geocoding engine which converts an address to an exact latitude and longitude, providing a more more accurate assessment of risk.

Manuel Rios, Homesite Vice President and Chief Underwriter states "evaluating the geographic risk associated with certain locations is the single most important aspect of a homeowner's insurance company's underwriting process." This includes using a geocoding engine to provide "a much more accurate assessment of risk, automatically [correcting] errors customers make when writing down or inputting their addresses, and [boosting] customer service."

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About PBBI

Pitney Bowes MapInfo is the leading global provider of location intelligence solutions. From the invention of desktop mapping software to powerful enterprise-wide solutions for market analysis, we have developed the premier tools and services to help you capitalize on your location intelligence investments. More information at http://www.mapinfo.com/.