BehindTheBricks, the new API from WhenFresh, gives insurers access to over 2 billion UK property-specific data items to pre-fill insurance application forms & reduce abandonment.
WhenFresh Ltd, a leading provider of data-driven marketing services to large Insurance, Financial, Property & Retail organisations, launches the ground-breaking BehindTheBricks API(www.BehindTheBricksAPI.com). BehindTheBricks provides insurers and comparison sites/aggregators with real-time access to over 2 billion verified property-related data items, which can be pre-populated to insurance applications forms the moment a consumer enters an address. This includes common items to reduce consumer input, as well as more difficult answers (e.g. ‘year built’, ‘proximity to tall trees’, ‘flood risk’, etc…) to improve data quality, increase form completions and reduce abandonment.
WhenFresh CEO Mark Cunningham explains: “The UK Home Insurance market is of course massively competitive, with insurers and aggregators fighting to provide quotes to new movers, renewers & switchers, but they have to ask consumers to provide an awful lot of detailed, accurate information about the property they wish to insure. Long, complex insurance application forms lead to as many as 40-50% of applications not being accurately completed, which means abandoned forms, inefficient marketing spend and lost customers. BehindTheBricks tackles these issues by prepopulating home insurance applications with verified, property-specific answers the moment the applicant enters an address. This greatly reduces consumer input and makes the whole process of getting insurance quotes very much quicker and easier for the consumer, which improves the quantity and accuracy of completed applications and ultimately means a lot more business for insurers.”
It’s not possible to get a high level of accuracy for property insurance from the question ‘what’s the address?’ … Or is it? A team that has brought a multitude of big data sources together in what it has called a “data supermarket” suggests that it is. At its recent big data briefing, insurtech firm […]
The WhenFresh API is the “One Stop Data Shop” for UK Residential Property & Insurance data and, along with 200+ other property-level variables, we’re pleased to announce that both Building Title & Property Title Extent are now available. So, rather than relying on estimating the “footprint” of a given building from numbers of rooms and […]
Are you a home insurance marketing, data or innovation specialist? Then please claim your free ticket for the WhenFresh event on the morning of Tuesday 25th June 2019 near St Pauls, London. Reduce Home Insurance quote forms to just one question: “What is the address?” You’ll hear from – and meet – senior speakers from many […]