Hastings Direct has licensed Verisk’s UKBuildings granular property database to give it a better insight into the various attributes of properties across the commercial and residential sector. The data will enable Hastings Direct to refine its risk assessment and underwriting analysis.
Simon Parker, head of household underwriting at Hastings Direct, said: “The rich dataset will empower more informed decisions, strengthen risk management capabilities, and ultimately enhance the overall customer experience."
Alex Croydon, managing director of general insurance UK at Verisk, added: “We are excited to support Hastings in its mission to accelerate growth and improve its household insurance book. Our UKBuildings data is designed to help provide insurers with a comprehensive understanding of property attributes, and we are confident that this collaboration will yield positive outcomes for both parties."
YOU MIGHT ALSO LIKE