News Details

Opta voted as a Top 10 Big Data Solutions Provider

03 December 2015

Opta Information Intelligence, Canada’s largest property data aggregator, has been voted as a Top 10 Big Data Solutions Provider by Insurance CIO Outlook, a U.S. based magazine that provides best in class coverage of technology, innovations, and trends for the insurance industry.                              

With access to data on 10 million residential and more than 2 million commercial properties across Canada, Opta is uniquely positioned to provide our customers with the most accurate and innovative technology solutions nationwide. Powered by iClarify™, Opta delivers thousands of property information queries daily to customers across Canada. Data attributes include detailed construction features, valuations, roof top geo-spatial information, street scape and satellite imagery, Fire Underwriters Survey® protection grades, and Peril Score™; a powerful analytics tool that accurately predicts the frequency and severity of water, fire, wind & hail, and crime loss by geo-coded property address.

“As the largest provider of Canadian property intelligence, Opta enables organizations to streamline their operational efficiencies and improve overall profitability. This win reinforces Opta’s market position as a leader in data analytics and we are extremely excited about the future,” states Greg McCutcheon, President of Opta.

Nominated by a panel of industry leaders made up of CIO’s, CTO’s, IT decision makers, and Insurance CIO Outlook’s Editorial Board, Opta’s inclusion in this prestigious list is based on core competency, product line, innovations, and market reach. The magazine praised Opta’s dedication to client needs in the marketplace and remarked on the efficiencies driven by Opta’s innovative solutions. The proficiency of iClarify™ to offer the most accurate pre-filled data at point-of-sale, empowers clients and consumers to significantly reduce property quote processing time. Accessed by over 90% of Canadian insurance companies for new business quotes and policy issuance, iClarify™ delivers an enhanced customer experience, cost-efficiency, and confidence in handling risk. 

Looking to the future, Opta is focused on building best-in-class products by leveraging competent technology and evolving trends. “We aim for innovation-fueled growth through our culture of team-spirit, persistence, and passion,” concludes McCutcheon.

Read full editorial  on Opta, as featured in the November issue of Insurance CIO Outlook.

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