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How house calls can help in a hard market

04 February 2019

Many Canadian insurance industry watchers are pointing to signs that a hard market may finally return in 2019. Does your company have a strategy to make sure your property book stays profitable?

The last hard market taught insurers that home inspections can be an effective way to identify problems in a personal lines property portfolio. But it’s not efficient or cost effective to send inspectors knocking at every address in your property book. How can you determine which properties to target?

Opta can help you address premium leakage in your company’s property book through an analysis of in-force policies using our suite of analytical solutions such as Inspection Score to give you insight on what properties to prioritize for inspections first. The combination of Opta’s data analysis capabilities with the Opta Precise Services (formerly Risk Management Services ‘RMS’) national team of property inspectors can help you get your property book back to hard-market health efficiently and effectively through surgical targeting of where you need to make house calls.

Many Canadian insurance industry watchers are pointing to signs that a hard market may finally return in 2019. Does your company have a strategy to make sure your property book stays profitable? We can help.