LONDON -- Pitney Bowes MapInfo, the leading global provider of location intelligence, have aligned with Exclusive Analysis, the leading strategic intelligence company, to provide the insurance industry with TerrorRisk(tm), a unique and powerful terrorism risk assessment tool. TerrorRisk, combining Exclusive Analysis' terrorism forecasting expertise with Pitney Bowes MapInfo's leadership in location intelligence, employs fact-based, location-specific metrics developed by Exclusive Analysis to score the maximum likely severity of violent risks to more than 3,700 global points of interest. Armed with Exclusive Analysis' insight and the location intelligent capabilities delivered by Pitney Bowes MapInfo(r) technology, insurers and risk managers are able to make more insightful underwriting, rating, coverage and risk selection decisions.
TerrorRisk's global database contains up-to-date intelligence and high-end analysis covering a range of terrorist threats. The tool provides insurers and risk managers with the means to evaluate terrorism risk exposures worldwide on a building-by-building basis, across target types and by desired political or geographical boundaries-such as city, country or postal code. TerrorRisk is easily integrated into existing analytical work suites, enabling insurers to carry out terrorism exposure location analytics, portfolio risk management, risk proximity analysis and street-level terrorism risk assessment.
"Terrorism is a paramount global concern for businesses such as insurance agencies and Exclusive Analysis' risk assessment delivers targeted and actionable forecasts to help maximise opportunities and mitigate risk. Our insight coupled with Pitney Bowes MapInfo location intelligence equips insurance professionals with a complete view of their overall risk environment, enabling well-grounded business decisions in underwriting and reinsuring," said Simon Sole, CEO of Exclusive Analysis.
MapInfo Corp. (Nasdaq: MAPS)