has announced a new partnership with the UK鈥檚 trusted property data bureau, Chimnie.
By connecting hundreds of proprietary, private and public datasets and enriching this with cutting-edge AI modelling, Chimnie鈥檚 data scientists have developed a comprehensive profile of every residential property in the UK 鈥� carrying out approximately 30 million virtual property inspections every week to ensure unparalleled coverage and accuracy.
This partnership means home insurance providers can access enhanced property information through Percayso鈥檚 platform, enabling them to improve accurate risk selection, refine pricing strategies, and provide better coverage to their customers.
Data points span property attributes, risks and perils, geospatial and market insights, valuations, and more. Chimnie鈥檚 database also stretches to commercial properties, giving a complete picture from the building itself to its surroundings and local economy.
鈥淥ur commitment to providing comprehensive property data and insights drives us to constantly innovate and enhance our offerings, ensuring that insurance providers have the best tools and information at their fingertips to accurately assess risk, improve their pricing strategies and streamline their quoting processes,鈥� said Chimnie founder Jon Francis.
鈥淥ne of the reasons this partnership is especially exciting for us is the potential it creates to explore emerging product lines in the property insurance space 鈥� particularly responsive models that leverage real-time data. We鈥檙e looking forward to helping insurers adapt faster to changing property and environment factors, and ultimately more dynamic, accurate coverage.鈥�
Percayso鈥檚 data and intelligence hub ingests and adds value to a vast array of powerful datasets enabling brokers, insurers and MGAS of all sizes from start-ups to top ten providers to make informed decisions and write better business. Its technology aggregates data from many different sources, including partners in its ecosystem, enabling real-time intelligence access via simple, high-volume API calls.
Percayso commercial director David Kelly added: 鈥淚n our pursuit to provide our clients with best in class data, we鈥檙e always looking to partner with innovative leaders in specific sectors.聽
鈥淐himnie have built an impressive proposition which they are constantly adding to and improving. In the last year alone, they鈥檝e added a number of new data streams and features to their platform that through our integration can be deployed to our customers quickly and easily.鈥�
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