Insurdata

High-resolution geocoding data for re/insurance underwriting and risk assessment

Underwriting & Risk Growth Seed-Backed, Acquired

Overview

Insurdata is a data enrichment platform for re/insurance carriers, providing high-resolution, peril-specific geocoding data at the individual risk level. The company addresses a critical gap in re/insurance underwriting: the reliance on aggregated, low-resolution exposure data that prevents accurate risk assessment. Founded in 2017 and based in Denver, Colorado, Insurdata was acquired by Big Ticket Inc. in 2024 but continues operations independently.

The platform uses a proprietary multi-sourced geocoding methodology combining satellite imagery, public records, map data, and other sources to deliver precise exposure coordinates and attributes across 80+ countries with approximately 95% accuracy. This enables underwriters and portfolio managers to make underwriting and pricing decisions based on actual individual risk exposure rather than broad categorical aggregations, significantly improving accuracy in catastrophe modeling and risk selection.

Insurdata's customer base includes major property insurers and reinsurers globally. The company operates on a SaaS model with API-first architecture, integrating with standard carrier platforms including Guidewire and Duck Creek, positioning it as a critical data layer in the re/insurance value chain.

Products & Services

Advanced Exposure Data Platform

The core offering is a proprietary geocoding platform delivering risk-level exposure data for underwriting, portfolio management, and pricing.

Key Features

High-resolution individual risk geocoding across 80+ countries with ~95% accuracy
Peril-specific data for hurricane, wildfire, flood, and other natural disaster modeling
Real-time data delivery via RESTful API
Integration with standard carrier underwriting systems
Portfolio-level exposure aggregations and risk assessments

Target Users: Underwriters, portfolio managers, and risk officers at re/insurance carriers