Data resolution and quality is critical to every aspect of the insurance industry, from risk assessment through to portfolio management. Yet while the ability to model and analyse information is improving, data granularity and accuracy remain woefully insufficient.

To explore the issue of the lack of high-resolution data currently available to the insurance industry, Insurdata has teamed up with market-leading re/insurers to conduct a series of data studies based on live property portfolio data.

In each study, Insurdata carried out a detailed analysis of the data each company provided and augmented the geocoded information via the Exposure Engine. The reports compare original exposure data to the enhanced exposure data, including the impact from key risk metrics, such as annual average loss figures and exceedance probability curves, to key performance indicators, such as loss ratios, P&L and balance-sheet reserving.