Ascend
Enabling resilient and confident business intelligence solutions for P&C insurance workflows through data variety and volume
geospatial enterprise platform
for portfolio management
Empowering the entire insurance value chain through simplified integration of spatial data
Ascend enables carriers to leverage spatial data in their day-to-day insurance operations from underwriting and claims to CX and new product development. With over 35 partnerships and 2000+ attributes, Ascend incorporates satellite, drone, and aerial imagery as well as property characteristics and climate models directly into insurer workflows.
The Ascend solution is built upon 3 core pillars: Unparalleled access to an extensive spatial data marketplace, dynamic data fusion delivering real time fit-for-purpose data layers, and seamless integration into insurance processing ecosystems.
One API for all Geospatial Data
Data coverage for the full policy lifecycle
Precisely assess risk, devise loss mitigation strategies, respond more accurately and swiftly to natural catastrophes, and improve NPS through stellar claims experiences.
Data Driven
Underwriting
Leverage the best of geospatial AI, imagery, flood, fire, and climate models directly in underwriting workflows. Ascend will automatically and dynamically pull from the best data sources in the world for each geography and product type.
Post CAT
Claims
Handle claims more quickly after a disaster using the best post catastrophe data including AI models leveraging satellite, drone, aerial, stratospheric balloon data. Ascend combines post-cat data with advanced geocoding to drive automatic loss calculations.
Portfolio Risk/
Loss Estimation
Reserving intelligently requires a continuous understanding before, during, and after an event for rapid assessment of total damage. Ascend calculates losses across full portfolios by dynamically leveraging the best geospatial data, models, and geocoders.
Customer
Experience
Be the organization customers look to in a time of crisis. From pre-event alerts to post claim handling speed, knowing which of your policy holders will be affected trough weather and catastrophe modeling allows customer success teams to ensure unique and valuable CX.
Highlights
Ascend integrates the best geospatial data for P&C insurance workflows and translates it into actionable insights
Data integration
and normalization
Over 2,000 attributes are ingested and normalized to ensure our customers have the highest accuracy and availability of data.
Validation
and selection
Ascend validates and selects from across sources to ensure our customers have the right answers for their business needs.
Data enrichment
and insights
From rapid response time to an event, greater clarity for of accumulation risk/exposures, to a single platform to enable more intelligent underwriting, Ascend translates the data into immediately consumable insights.
Product features
- Correct your location data using a geocoding consensus algorithm to map addresses to building footprints
- Upload your full portfolio or query specific addresses to identify exposure and peril risk
- Configurable visualization components
- Display assets and the correlating spatial data
- View analytic layers and imagery basemaps
- Discover portfolio insights and summary statistics
- SOC2 certified
Location
Intelligence
Global geocoding, parcel, and building footprint data
Risk
Models
Flood, fire, hurricane, peril risk maps, and weather data
Geospatial Artificial Intelligence
Property characteristics, change detection
Data Fusion & Aggregation
Policy level satellite, drone, aerial imagery, and IOT sensor data
Product specs
Unified access to the widest variety of insurance-relevant data and analytics
Data integration
- Ingests, normalizes, and interprets spatial data from all sources
- Selects and utilizes the most accurate data
- Base-map and partner data library (35+ partners, public & open data)
Data management
- Corrects policy location data using Ascend’s proprietary Geocoding Consensus Algorithm
- Base-map and partner data library (35+ partners, public & open data)
- Data layer management to access Ascend’s partner data marketplace
- Portfolio management tools (filter, search, aggregate, report, export, etc...)
Data visualization
- Displays assets / insured properties, and the correlating spatial data
- Shows analytic layers and imagery basemaps
- Provides portfolio insights and summary statistics
- NatCat Event management
- Configurable front-end visualization components
Accessibility
- REST Output API
- Easily integrates directly into core BI and Policy Admin systems
- Hosted enterprise deployments
- Platform and data usage monitoring
Security
- SSO/SAML/OIDC integration
- SOC2 certified platform