Case Study: AON achieves accurate insurance risk modelling with Geoplan postcode data

HSB Engineering Insurance Ltd covers 1.8 million postcodes with Geoplan

The customer, HSB Engineering Insurance Ltd, required reliable and accurate postcode data for their internal predictive insurance risk modelling and R&D tools. Their challenge was to find a consistent data source with high integrity to accurately quantify risk levels. They partnered with the vendor Geoplan to utilize their postcode data service.

Geoplan provided a solution by supplying quarterly updates of their postcode data for over 25 years, covering 1.8 million postcodes. This consistent and reliable data from Geoplan future-proofed the customer's business operations and successfully enabled accurate risk level quantification for their critical insurance calculations.

HSB Engineering Insurance Ltd