Bluebook International Inc., a data and software services provider to the property and casualty insurance industry, announced that it will provide property specific estimated replacement costs, portfolio review and analytic services to the insurance and banking industries
through its latest online InsureBASE solution.
Bluebook’s InsureBASE offering, coupled with its DataCentral and global data providers, can provide detailed property information in the form of an ERC Report (estimated replacement cost) for nearly 91 percent of the nation’s single family residences.
InsureBASE reportedly reduces costs and cycle time associated with today’s manual process, analyzing hundreds of thousands of properties in about the time it would normally take to do a single physical home inspection or validation.
InsureBASE offers accessibility and cost savings using decision-ready data to core insurance and banking company processes when:
— Establishing or maintaining residential replacement costs;
— Examining and managing risks;
— Setting insurance premiums and pricing standards;
— Processing and validating premium renewals;
— Confirming loss assessments of single-family residences.
Was this article valuable?
Here are more articles you may enjoy.