Closing the Data Gap in Commercial Property Insurance

This Professional Optics webinar from LexisNexis Risk Solutions will explore the data challenges MGAs face when assessing commercial property risks. Heikki Vesanto will look at the wide range of data required to support accurate underwriting and pricing decisions, from location intelligence to information about the businesses and individuals occupying the premises.

The session will cover how geospatial intelligence and data visualisation solutions bring together multiple data layers to identify risk accumulations, monitor exposures and provide valuable insight for capacity partners and reinsurers. These solutions can support both individual risk assessment and portfolio-level oversight enabling MGAs to monitor zones, track changes in exposure and maintain stronger control of delegated underwriting authority.

Finally, Heikki will explore how integrating broader data sources — including more detailed insight into property characteristics, business activities and company information — can help MGAs build a more complete and actionable view of commercial property risk.

• Describe the key data insights MGAs need to assess commercial property risk effectively
• Explain how geospatial data visualisation tools can help MGAs identify environmental risk and exposure concentrations across a portfolio
• Summarise how integrating multiple data sources can help MGAs achieve a more comprehensive, 360-degree view of commercial property risk while supporting faster underwriting decisions