Abstract
Special Topics (narrow topic or advanced); Geographic location is a significant element of information for most businesses, including casualty insurance. Our costs are known to vary by location, competitive prices vary by location, and susceptibility to catastrophic loss varies by location. Over the last ten years or so there have been significant advances in technological tools for the use of locational information to improve the management of most businesses. Geocoding is one of these tools. This paper provides an overview of what geocoding is, and how it can be used in insurance companies.
Volume
May
Page
153-164
Year
1997
Categories
Financial and Statistical Methods
Extreme Event Modeling
Natural Peril Modeling
Actuarial Applications and Methodologies
Data Management and Information
Business Areas
Fire and Allied Lines
Business Areas
Homeowners
Actuarial Applications and Methodologies
Ratemaking
Publications
Casualty Actuarial Society Discussion Paper Program
