As Storm Christoph has just reminded us once again, accurate and predictive flood data has never been so important to UK Home Insurers. It is timely news therefore that WhenFresh has partnered with leading flood risk specialists Ambiental Risk Analytics (Ambiental) to make its flood data available via the UK’s property ‘Data Supermarket’, the WhenFresh API.

WhenFresh already supplies data to many of the UK’s leading insurers and eight of the top ten banks. Ambiental, the specialist flood and climate analysis division of Royal HaskoningDHV, has developed its UK FloodMap™ and UK FloodScore™ solutions to provide insurers with detailed, highly accurate visualisations of potential flood risks across 100% of the UK. 

This includes fluvial (rivers), tidal, and pluvial (flash flooding) risks, with flood depth and velocity information down to individual building level.  Ambiental’s models include 25% more rivers than any other flood data source.

Rob Carling, Ambiental’s Channel Sales Manager says: “We employ best-in-class flood modelling technology and the highest resolution data available in UK FloodMap and FloodScore, providing insurers with clear, detailed, and easy-to-understand flood information for all major floodwater sources, down to individual building level for a range of return periods. Our flood data can be readily integrated with underwriting pricing systems and we’ve made it easy to combine vulnerability data and depth-to-damage curves to understand risk and estimate loss more accurately.”

Carling continues: “Even if you’ve already got a source of flood data, our specialist flood mapping data layers can support your flood risk strategy by giving you a more accurate and complete view of flood perils. In the insurance and banking sectors, it is also used to assist in compliance, such as with Solvency II, and meeting best practice guidelines.”

Leading data supplier WhenFresh has built the WhenFresh API as the UK’s residential property ‘data supermarket’, as CEO Mark Cunningham explains: “The WhenFresh API provides insurers, lenders, and other ‘big data’ users with access to over 200 proprietary, private, and public data sources in standardised, readily-consumable formats, via a single, simple API integration.

“We’ve now assembled over 2tn data items in one place and can provide all the property attribute, topological, geospatial, environmental, risk, peril, valuations, market and climate data that insurers, lenders and other big data users need to support their underwriting, pricing, property valuations, mortgage decisioning and more.  The Ambiental flood data is an excellent addition to the range of data available via the WhenFresh API and makes this easily accessible both to existing and new end users,” concludes Cunningham.

To find out more about the Ambiental Flood data and all the property attribute, risk, peril, topological, geospatial, environmental, climate, market and valuations data now available via the WhenFresh API, please click here or, to arrange an introductory call and/or demo: contact WhenFresh.

The Bank of England published its new Monetary Policy Report on 7th May 2020 – supported by WhenFresh data.

WhenFresh have worked with the Bank of England (BoE) for many years our data and analytics have featured in BoE research & White Papers on several previous occasions.

However, in the face of the lock-down due to the pandemic, we are privileged to have WhenFresh property movement data published in the BoE Monetary Policy Report, highlighting the sudden slowing of the housing market at this critical time. Please CLICK HERE to link direct to this section of the Report:

WhenFresh is a leading provider of residential property data & analytical services to the UK’s leading Financial Institutions, Lenders and Insurers.  To find out how we can also help your business, please contact us today.

Firstly, the WhenFresh team would like to wish that you and yours stay safe and well in these challenging times.

While we are in uncharted waters, we are pleased to report that at WhenFresh, as a 100% digital data organisation, we are not far off ‘business as usual’.

The nature of our business has meant that working from home has been seamless and that all of our clients’ data deliveries, once coded, are holiday and illness-proof, so well-protected from any disruptions.

The one practical change that we have made is that, until further notice, we are holding all external and internal meetings virtually – via remote conference/video calls.

In short, it appears that many challenges lie ahead, but WhenFresh shouldn’t be one of them.

If you need any help or advice on working with us, including from home, feel free to drop us a line at support@whenfresh.com

Mark Cunningham
Co-Founder
WhenFresh Ltd
www.WhenFresh.com
020 7993 5818

07 Feb 2020: Joanne Atkin of Mortgage Strategy Gazette reports on why M:Qube is different…

M:Qube is about to launch into the mortgage market but it is no ordinary lender – it’s a fintech business first and a mortgage lender second…

… Tony Connell, chief product officer, with a tech background at FICO, Visa Europe, Experian and Royal Mail, explained how the system is a data driven process with real time decisioning: “First, we assesses the property the borrower wishes to buy.

“The system accesses 140 points of data on a property using various sources such as four AVM providers, the Land Registry, Rightmove and Whenfresh to gain a myriad of information. This would include the method of construction, square footage, number of rooms and floors, flood and subsidence risk and so on.

“This gives a clearer picture as to which lenders would lend on the property and if indeed it is mortgageable. Data on the borrower is then collected, categorised and verified followed by real time underwriting.”…

Read the full article here or visit Mortgage Finance Gazette.

(Courtesy of Mortgage Finance Gazette)

WhenFresh are delighted to announce that UK-wide LIDAR data from Fusion Data Science is now available via the WhenFresh API – the one stop “data supermarket” for residential property attribute, risk, perils, environmental and geospatial data.

Fusion Data Science’s modular datasets provide highly accurate & current geospatial property measurements for a variety of Financial Service & Insurance applications, including:

> Building extent at ground and gutter level

> Building storey count

> Building volume, floor space and height

> Roof shape, slope & area

> Altitude above sea level

> Building ground slope & gradient

WhenFresh has drawn together over 200 high quality datasets in one place and provides access to our own proprietary datasets and public feeds (such as Land Registry) side by side with partner data from the likes of Zoopla, CLS, Airbus, Future Climate Info, JBA, Bluesky, and many, many more – so we are delighted to welcome Fusion Data Science to the WhenFresh family of data partners

To find out more about these new data items and how they can benefit your business – or if you are a data owner with datasets that have applications in the UK Lending, Insurance, Utility, Governmental or Property sectors, please Contact Us today.

Friday November 22nd 2019 saw the prestigious Insurance Times Awards event at the Grosvenor House Hotel, with WhenFresh beating 6 other finalists to scoop Gold in the ‘Excellence in Technology – Service Provider’ category.

WhenFresh CEO & co-Founder Mark Cunningham (proudly sporting his Movember moustache!) was delighted to receive this coveted award from Richard Beaven, Chief Operating Officer of award-sponsor Brightside Insurance, alongside comedian Greg Davies, who hosted the event.

In announcing WhenFresh as Gold award winners, Richard Beaven reported the judges had said: “WhenFresh impressed with their clear business model. We love what they do and they aren’t afraid to go in a different direction.”

It was a strong field, with the other 6 shortlisted finalists:  Cytora (who were awarded Silver), Blocksure (Bronze), Adapt Ready, Albany Group, GB Group’s Loqate and a joint entry from Instanda, Deloitte Digital & AXA XL.

Mark Cunningham told Insurance Times: ”It means everything to win this award. It’s been three years of development, many millions of investment and a number of partners to get us there.”

To find out more about WhenFresh and the Residential property ‘Data Supermarket’ we’ve built for Insurance, Financial Services and other sectors, please contact WhenFresh today for a demo – and please follow WhenFresh on LinkedIn:  

WhenFresh API one-stop “Data Supermarket”

The WhenFresh API “Data Supermarket” was launched direct to end-users in 2018.  However, big data users in sectors such as Insurance and Financial Services have been relying on WhenFresh data for years –  but it has often been supplied via major resellers such as Experian, Equifax, GB Group, TransUnion, Acxiom… or other well-known suppliers for whom WhenFresh build white-label data products.

Wherever home insurers are employing property attribute, risk & perils data to simplify and speed up the application process, the road very often leads back to WhenFresh – who build the data products for many of the traditional “big name” big data suppliers.

November 2019 – London:  Leading insurance industry media outlet Intelligent Insurer has just announced its global Hot 100 InsurTechs, with WhenFresh named alongside other industry disrupters such as Flock, Instanda, Lemonade, Neos, Previsico and Trov.

“We’ve been enjoying a good deal of media attention since launching the WhenFresh API ‘Data Supermarket’ direct to the UK home insurance sector” states WhenFresh Director of Marketing, David Morley.  “We’re delighted to be named in Intelligent Insurer’s global Hot 100 InsurTechs – especially as it comes hot on the heels of WhenFresh being announced as finalists for the Insurance Times Awards, joining the Insurtech UK eco-system as a full member and announcing our sponsorship of the excellent Instech London network”.

Click here to try the free demo of the WhenFresh API and see the range of individual property-level attributes, risk, peril, environmental, geospatial and valuations data that we can instantly provide for any UK residential property simply by entering the address.

Or visit Intelligent Insurer to view the global Hot 100 InsurTechs.

With one-third of customers giving up on lengthy question sets, will insurtech powered zero-questions-asked insurance quotes revolutionise the process?

Click here to read the full article – or here to visit the Insurance Times website.

InsTech London describes itself as the The Insurance Technology Innovation Community and runs regular, inexpensive evening events at the Steelyard venue in the City of London – and we’re delighted to announce that WhenFresh have become one of the organisations newest sponsors.InsTech London is jointly run by InsurTech influencers & thought-leaders Paolo Cuomo, Robin Merttens & Matthew Grant and the website states: “The primary purpose of InsTech London is to pull together a group of innovators, entrepreneurs, investors and professionals from across the market and enable them to meet like-minded folk and provide them with a hub to explore together ways to maximise the opportunities offered by technology.”

WhenFresh CEO & co-Founder Mark Cunningham has already spoken at one event and we’d highly recommend you check out their forthcoming events here if you’re not already familiar with them.

The Insurance Times features insurance & insurtech thought-leaders from WhenFresh, Willis Re, Davies Group, BDO, Previsico and Axis Digital Ventures in this intriguing piece.  Read the full feature here (reproduced by kind courtesy of Insurance Times) or login to your Insurance Times account here.