Bee Insurance optimizes the use of geolocation in insurance

Bees Insurance has formalized its partnership with the specialist of localization data integrity and Precisely spatial analysis to offer geolocation in assurance another dimension. After years of study, testing and practice in back office, Abeille Assurances now formalizes the use of these geo-localized data and their power to improve the customer experience.

FACTS

• Abeille Assurances will now formally integrate Precisely's data to improve customer experience and the quality of its offers and services.

• Precisely brings to Abeille Assurances its solutions of intelligent location (Precisely Spectrum Spatial, Precisely Spectrum Geocoding) and enrichment of highly referenced address data and properties.

• The objective of this integration into the services of Abeille Assurances is threefold. For the group:

  • Simplification and reliability of the MRH subscription (through the automatic calculation of ultra-fine risk profile based on the acquisition of "Base Buildings" from Precisely, a database containing 24 million addresses, 50 million buildings and 94 million plots in metropolitan France and the DOM-TOM.)

  • Customize offers based on localized risks;

  • Better management of claims and support for insured persons (e.g., the insurance claims teams of Abeille Insurance can visualize the entire network of Bee Insurance partners, such as licensed garages and providers, thus enabling insured persons to benefit from faster and more efficient assistance in the event of an automobile accident).

ISSUES

• Concretize and formalize Abeille Assurances and Precisely are now implementing a ten-year partnership in an operational and visible way. This partnership had already led, in form, to the creation of a team dedicated to the analysis of geographical data, created within the Data Factory of Abeille Assurances. This GeoAnalytics team has been responsible for testing and approving the solutions proposed by Precisely, deploying 12 concrete projects and pushing the limits of data accuracy to further optimize its models.

• Optimize an existing model : While the use of geo-localised data was already a reality in the insurance market, the new partnership that is being implemented today between Abeille Assurances and Precisely supports a more qualitative approach to the process. The data used by the two partners are intended to be much more precise, able to distinguish a particular building or two houses installed on the same plot for example.

• Responding to critical risk: According to the European Environment Agency, extreme weather events have caused more EUR 500 billion economic damage over the last four decades in Europe. In particular, geo-location information and data accuracy should help to better calculate the risks associated with extreme weather events caused by climate change.

PERSPECTIVE

• Let it be for Insurance Automotive or HRMgeolocation has been used for many years in the insurance sector. But the systems could so far be imprecise in their geographical resolution and limited for example to islands more than to specific buildings. Abeille Assurances and Precisely are now promising to build on a leading-edge geographic repository that is directly integrated with subscription and contract management tools.

Traduit automatiquement via Libretranslate / Automatically translated via Libretranslate