In the insurance business, many decision-making processes hinge on location intelligence and real-world geospatial information. Point-of-Interest (POI) data in particular is used for building contextual profiles of neighborhoods and determining precise risk scores for commercial and residential properties - which enables the creation of better policies.
Many insurance businesses use satellite and aerial imagery to guide risk assessment and underwriting. However, neither of these tools can offer the comprehensive insights that can be unlocked through ground level geospatial data.