Boston, August 15, 2017 – The importance of location intelligence, or the ability to generate insights tied to a precise location on earth, is not new in insurance, but the surge of investment in insurtech startups, advances in data collection, and the rise of a range of new technologies are creating new opportunities for insurers. For many carriers, stepping up their location intelligence capabilities is a critical milestone in their digital transformation journey. This report is designed to help insurers get a better understanding of the vendor landscape competing to serve them.
This report highlights key trends shaping location intelligence in insurance, overviews the competitive landscape, and profiles 27 vendors targeting the insurance industry with a variety of location intelligence data and software solutions: AND Automotive Navigation Data, BetterView, BuildFax, Cape Analytics, Carto, Converge, Delos, Digital Map Products, EagleView, Environics Analytics, Esri, Guidewire, HazardHub, Here, Hover, Korem, LexisNexis Risk Solutions, Loveland Innovations, Pitney Bowes, PrecisionHawk, RCG Global Services, Skyglyph, SpatialKey, Tableau, Tnedicca, TomTom, and Verisk Analytics. It is based on interviews conducted between February and June 2017 with 42 executives at North American and European insurance carriers, and technology vendors actively targeting the insurance vertical.
This 87-page Impact Report contains 37 figures and one table. Clients of Aite Group’s P&C Insurance, Life Insurance, or Health Insurance services can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions Accenture, AIR Worldwide, Airware, Alphabet's Google, Ambiental, Aon, Apple, CGI, Cognizant, con terra, CoreLogic, Cyclomedia, Daimler, Deloitte, Digital Globe, DJI, DMTI Spatial, DroneDeploy, EIS, EuroTempest, Experian, Gfk, GoFigure, Guy Carpenter, Hexagon, IHS Markit, KATRisk, Kespry, LiveGenic, Location Inc., Lockheed Martin, MapBox, Mapquest, Meteo France, Minova Insurance Group’s BMS, Munich Re, Nearmap, OmniEarth, OpenStreetMap, Opta Information Intelligence, Pictometry, Qlick, RedZone, RELX Group, RMS, Spike Measurement, Swiss Re, Symbility, Telefonica, Trulia, Vizzion Traffic Camera Solutions, Vodafone, Willis Towers Watson, Xactware, and Zillow.