CARFAX Selects GIA Map to Bring Geospatial Data to Vehicle Insights Program
CENTREVILLE, Va., March 5, 2020 (Newswire.com) - “CARFAX welcomes GIA Map Underwriting Solutions as a support partner for the CARFAX Vehicle Insights Program for insurance companies. CARFAX will work with GIA Map to gain deeper insights into their customers and their marketing territories, helping carriers visualize their market profile against industry benchmarks,” says Dan Hill National Sales Director for CARFAX Banking and Insurance.
The Vehicle Insights Program combines over 23 billion vehicle history records with premium and loss data at class, coverage and territory levels. It is a unique opportunity for insurers to receive actionable data about their books of business.
GIA Map also helps auto, home and commercial insurers streamline underwriting and claims by delivering location intelligence: real-time weather data and analytics integrated on a comprehensive mapping platform. This allows more accurate risk management, pricing segmentation and crisis response to support customers during catastrophic events.
Dave Jowell, CEO of GIA Map, added: “Through our partnership with CARFAX, carriers will benefit from location intelligence and the visual impact of maps, which has been a critical missing piece in the auto insurance industry. We are excited to work with the CARFAX Vehicle Insights Program to help carriers in more insightful ways.”
Source: GIA Map