Address accuracy with UPRN and Geocoordinate data for commercial insurance
We have partnered with Cytora, the digital risk processing platform used by commercial insurers across the globe.
Through this collaboration, our address validation data is now embedded directly into Cytora's risk ingestion workflow. Underwriters and their teams can access verified, precise location data at the point of processing, without any additional steps or manual checking.
Data Accuracy in Commercial Insurance
Property data in commercial insurance is only as useful as it is accurate. When a risk submission arrives, the address details within it may have been manually entered, reformatted, or carried across from an older system. Errors and inconsistencies are common, and they can quietly affect decisions throughout the policy lifecycle, from initial pricing through to claims and portfolio management.
Knowing precisely which building is being assessed is vital. A postcode or street address can cover a large area or multiple properties. Without a reliable way to pinpoint the exact location, insurers are making decisions based on data that leaves room for doubt.
What the Partnership Delivers
Our data is now part of Cytora's ingestion and digitisation workflow, enriching property addresses. This includes:
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Unique Property Reference Numbers (UPRN), which identifies a unique property at the individual building level, removing ambiguity about which location is being assessed
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Rooftop Geocodes, which provide precise latitude and longitude coordinates at rooftop level, rather than approximating to a street or postcode area
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Fuzzy matching, which catches and corrects common address errors during ingestion, so teams are not working from inaccurate records
Benefits Across Insurance Workflows
Cleaner address data has an impact across more than just underwriting.
For risk selection and pricing, rooftop-level geocoding makes it possible to assess a building's exposure to flood, subsidence, or other location-specific risks with much greater confidence than postcode-level data allows.
For accumulation management, standardised address records give a clearer picture of where exposure is concentrated across a portfolio. Inconsistent data makes that kind of analysis difficult and unreliable.
For claims, having the correct property on record from the start reduces the time spent verifying details.
The insurance industry processes vast amounts of property data every day. By making accuracy a default in how risk is processed, insurers can have greater confidence in making important decisions. We are looking forward to seeing the difference it makes for Cytora's clients.