EigenRisk® adds Smarty’s location intelligence resources to its global CAT risk management platform
We're happy to announce a recent partnership with EigenRisk, an insurance technology firm. Below, you will find the announcement they published on their site:
ANN ARBOR, MI, December 05, 2024—EigenRisk®, a leading provider of catastrophe risk management solutions, today announced a new agreement with Smarty, a preeminent provider of address data solutions. The agreement will make Smarty’s address location intelligence and geocoding resources available through the EigenPrism® catastrophe risk management platform.
“As property insurers throughout the U.S. and globally look to drive speed and accuracy in their underwriting process, we’re pleased to partner with Smarty to provide precise and timely address location intelligence services,” said Deepak Badoni, President at EigenRisk. “Insurers and brokers using our platform can access a full spectrum of underwriting, risk management, and response tools and resources – from industry-leading providers of location, property, and geocoding data to state-of-the-art data sources and modeling solutions for climate, weather, flood, fire, and seismic risks – to conduct rapid and thorough assessments of commercial and residential properties throughout the U.S. and worldwide.”
Smarty's commitment to excellence and innovation in address data intelligence is underscored by its recognition as a data quality leader in the field, with many Fortune 500 industry giants among its clientele. This collaboration with EigenRisk further cements Smarty's position as a pivotal player in enhancing business efficiencies and customer satisfaction through superior address data solutions.
“By adding Smarty's address location intelligence to the EigenRisk platform, we empower the insurance industry and carriers around the world to leverage hyper-accurate geocoding in support of EigenRisk's ultra-reliable EigenPrism platform. This, in turn, assists insurers with faster, more accurate, and more informed risk selection and underwriting decision-making,” said Jonathan Oliver, CEO of Smarty.
About Smarty
Smarty delivers innovative location intelligence APIs that power enterprise-level address validation, autocomplete, geocoding, and data enhancement for a global market across 240+ nations and territories. Renowned for processing vast quantities of address data (2+ billion per day) with precision, Smarty simplifies the complexities of location data management. Its comprehensive website tools, SDKs, and clear documentation facilitate integration.
For additional information about Smarty and its resources, please visit https://w ww.smarty.com.
About EigenRisk®
EigenRisk, Inc., an independent insurance technology firm, helps (re)insurers, MGAs, brokers, and risk managers across the globe manage catastrophe risk and drive higher growth, customer engagement, and operational efficiency. The firm's cloud-based platform provides one-stop access to powerful data management, geo-visualization, analytics, reporting, modeling, alerts, and APIs. These capabilities are integrated with hazard data, event projections, and simulations curated from more than 30 leading public and private sources to provide a more dynamic and complete risk perspective. Visit www.eigenrisk.com.
