Deals: Doorda Signs Up Intelligent AI and Konsileo

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Doorda announces that insurance clients Intelligent AI and Konsileo are using their unique and trusted UK data sets to enable more complete and accurate client profiling. The UK commercial property insurance sector has faced tough times over the past several years – inflation, valuations, supply chains, Brexit and wider global unrest have all impacted risk measurement processes and premiums.

Whether you are a broker, an underwriting platform or a tier one insurance policy provider, changing risk profiles, controlling levels of risk exposure and analysing huge volumes of insurance data are a constant challenge.

Konsileo is a commercial insurance broker, providing bespoke and informed negotiation services for SMEs. Konsileo uses Doorda data to feed the construct of the most detailed client profiles, including asset and legal entity information, that enables their brokers to select the most appropriate insurance whilst preparing for queries and countering negative objections from underwriters. Konsileo choose data supplied by Doorda because it comes from the official systems of records, such as Companies House, and is up to date.

Meric Stanley, Lead Developer at Konsileo, commented: ‘‘Finding trustworthy data, reliably available when needed, is a huge priority. Our insurance discussions are based on detailed information about specific circumstances, rather than generic scores and Doorda excels in providing the detailed, raw data that is so key to our business.  As a valued business partner, Doorda is always able to answer our questions about the data, their API is always reliable, and they are our first point of call for data.”

Intelligent AI brings together Open Data, Proprietary Data and AI extracted data to deliver a 360 degree view of risk across commercial property portfolios for property owners and the insurance sector. It offers AI and data analytics solutions that identify, measure, predict and mitigate risk whilst bringing clarity to insurers and commercial property owners through Digital Twin location profiles on 100% of locations within a portfolio.

Anthony Peake, CEO of Intelligent AI, commented: “As organisations look for (ESG) Environment, Social and Governance data, Doorda is able to address the social aspects by providing a wealth of geo-demographic data as well as proximity information about nearby properties and businesses. They are very good at data on the internal compartmentation and have also helped us in better understanding the makeup of multi-occupancy buildings.”

Clifford McDowell, Founder and CEO of Doorda added“I’m delighted to be supporting Konsileo and Intelligent AI to create bespoke risk profiles that improve their service to customers. It’s encouraging too that tier-one insurers are also embracing this approach by using some unique Doorda data.”

About alastair walker 12548 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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