Markham, ON Canada – February 18, 2009. DMTI Spatial (DMTI), Canada’s leading provider of Location Intelligence solutions, has introduced the second of its six innovative Location Content Cartridges (LCC) designed to address specific industry business needs. The Risk & Profit LCC is a comprehensive solution providing next generation content for expanding risk analysis undertaken in mortgage and property & casualty insurance. This new content will enable clients to increase profit, improve line of sight to risk while reducing claims and defaults.
In today’s economic climate, mortgage companies are increasingly challenged to measure their exposure against current and potential clients in terms of the level of risk they pose to the bottom line. Access to content layers through the Risk & Profit LCC not generally available as an integrated solution in the market today, will enable mortgage insurance brokers to evaluate the risk associated with a prospective application and make an immediate decision as to whether to accept or decline.
Underwriters evaluating risk and exposure of potential location can now perform deeper and more effective analysis to gain insight into risk and price for it accordingly. This is accomplished partly by considering the location proximity to surrounding natural and man-made location features that are deemed as positive or negative influences. With the ability to see risk for all geographical areas within Canada, property and casualty insurance companies can create a comprehensive picture from which to measure clients and prospects against.
Challenged to analyze competitive factors and trade areas associated with a new branch office and build marketing strategies to attract new clients, companies can improve their decision making by leveraging the content layers within the Risk & Profit LCC. This relevant, rich, and reliable content has been specifically configured from some of DMTI’s market leading product lines along with new content layers.
The new LCC solution has been engineered to integrate easily into any enterprise IT environment and designed to supercharge the performance of existing business workflows.
“Through powerful collaboration with our clients in this sector, we identified risk management as one of the most pressing business challenges this industry faces on a daily basis. Using the location intelligence content found in the Risk & Profit LCC, clients can now simply price for risk with extreme precision; enabling better customer service, improved decision making and increased ROI,” explained Robert Szyngiel, Product Manager, DMTI Spatial.
For more information on Location Content Cartridges visit www.dmtispatial.com/LCC
About DMTI Spatial
DMTI Spatial has been providing industry leading enterprise location intelligence solutions for more than a decade to Global 2000 companies and government agencies. DMTI’s world-class Location Hub® platform uniquely identifies, validates and maintains a universe of location-based data. DMTI Spatial is the creator of market leading Mapping Solutions and maintains the gold standard for GIS location-based data in Canada.
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