HazardHub (a Guidewire offering)

AI-powered geospatial hazard data and property risk analytics for the insurance industry

Data & Analytics Established Acquired

Overview

HazardHub is a property risk data and analytics company founded in 2016 that curates, analyzes, and delivers geospatial hazard data and property-level risk insights to the property and casualty insurance industry. The platform synthesizes over 1,400 data sources and more than 1,250 geospatial risk factors to provide peril scores and property risk grades for any U.S. address, with expanding coverage in Canada and 19 additional countries.

In August 2021, Guidewire Software acquired HazardHub for USD 52.8 million. HazardHub now operates as a core component of the Guidewire Analytics product suite, natively integrated into Guidewire PolicyCenter and InsuranceNow. Over 110 organizations -- including insurers, reinsurers, brokers, MGAs, and insurtechs -- rely on HazardHub for underwriting, pricing, and risk management decisions.

The platform delivers risk scores and supporting data in under 2 seconds via a RESTful API, using a patented approach to on-demand geospatial data retrieval benchmarked against historical claims data. Documented customer outcomes include a 2-point loss ratio improvement, 1.4-point expense ratio reduction, and 7% premium growth increase.

Products & Services

HazardHub Risk Data API

Real-time access to 50+ peril scores and over 1,250 risk factors for any U.S. address, returning results in under 2 seconds via RESTful API.

Key Features

50+ natural and man-made peril scores per address
Sub-2-second response time
Coverage expanding to Canada and 19 additional countries

Target Users: Carriers, MGAs, reinsurers, insurtechs requiring property-level risk data at point of underwriting

Natural Peril Scores

Risk grades for wildfire, flood, wind, hail, tornado, hurricane, earthquake, and storm surge hazards derived from 1,400+ data sources and proprietary machine learning models.

Key Features

National wildfire and flood risk maps at state and local level
Hurricane and winter weather risk data
Machine learning models validated against historical claims data

Target Users: P&C underwriters, CAT modelers, reinsurers

Environmental Hazard Data

Comprehensive environmental risk data including sinkholes, radon, landslide risk, soil stability, brownfields, and climate risk metrics.

Key Features

Subsidence and soil stability scoring
Radon risk by address
Climate trend overlays

Target Users: Commercial underwriters, specialty insurers

Man-Made Hazard Data

Crime indices, hazardous materials sites, underground storage tanks, and Superfund location data for commercial and specialty underwriting.

Key Features

Proximity to Superfund sites and USTs
Crime index scoring
Environmental liability exposure indicators

Target Users: Commercial property underwriters, E&S carriers

Property Details

Construction attributes including type, roof material, year built, square footage, and replacement cost estimates drawn from government and proprietary databases.

Key Features

Roof material and age data
Construction type classification
Replacement cost estimation

Target Users: Personal and commercial lines underwriters, claims adjusters

Guidewire Native Integration

Deep integration within Guidewire PolicyCenter, InsuranceNow, and the Guidewire Analytics platform, enabling carriers to access hazard data within existing workflows.

Key Features

Native policy workflow integration
Guidewire Marketplace availability
Guidewire Cloud (AWS) infrastructure

Target Users: Guidewire PolicyCenter and InsuranceNow customers

At a Glance

Founded: 2016
Headquarters: San Diego, California, USA
Employees: 11-50
Funding: Acquired

Category & Focus

Category: Data & Analytics
Subcategories: Property Risk Scoring Geospatial Hazard Data Peril Analytics Climate Risk
Insurance Verticals: P&C Personal P&C Commercial Specialty/E&S Reinsurance
Target Customers: Carriers, MGAs/MGUs, Reinsurers, Brokers