Case Study: US Large Property Casualty Insurance Company achieves straight-through underwriting and accurate pricing with Precisely

Quality data streamlines insurer’s decision-making, improves competitiveness

US Large Property Casualty Insurance Company, a major insurer operating across most U.S. states and the District of Columbia and supported by more than 1,000 independent agents, needed accurate, property-level data to improve underwriting, rating, and regulatory compliance. To eliminate errors from poor data and speed decision-making, the insurer deployed Precisely’s Spectrum solutions and datasets, including Spectrum Spatial, Spectrum Global Addressing, Spectrum Global Geocoding (with MLD), Spectrum Enterprise Tax, the Risk Data Suite, and MapInfo Pro.

Precisely delivered an integrated platform that validates and geocodes addresses, enriches properties with hazard and boundary data, and visualizes layered property information in Spectrum Spatial so many policies can be issued via straight‑through processing while more complex cases are reviewed quickly on map-based dashboards. The Precisely solution reduced agent questions through prefilled fields, cut underwriting time, improved rate accuracy, and increased the insurer’s ability to write profitable business—strengthening competitiveness in the high-net-worth market and reducing the need for manual reviews.