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Carriers want to leverage better data, but challenges lie in adoption

Discussions around applying artificial intelligence and analytics to insurance were in full gear this week as carriers and industry pioneers, BuildFax included, gathered at Insurance AI and Analytics 2018. The event was focused on the ways in which insurance carriers can leverage analytics tools and insights to meet customer demands as well as their own... Read More

Leveraging BuildFax Data for a Competitive Edge in the Investment Process

BuildFax’s very own Chris Schaum spoke on a panel last week at BattleFin, a conference that connects data providers to investment firms looking to incorporate alternative data into their research process. One major theme rang true at the conference: alternative data will continue to transform the hedge fund space in the next five years. Firms... Read More

Austin Business Journal Names BuildFax Top Place to Work

Austin Business Journal recognized BuildFax, the leading provider of property history and condition insights, as one of Austin’s best places to work. The award highlights companies across the Central Texas region that have fostered a productive and enriching work environment built for employees to thrive. Every year, the Austin Business Journal surveys employees at local... Read More

Insurers, Are You Ready for the 2018 Hurricane Season?

The Atlantic is expected to produce 10 to 15 named storms in the six-month season that starts June 1, according to the National Oceanic and Atmospheric Administration (NOAA). Of the 10 to 15 storms, 5 to 9 could become hurricanes, reaching winds of 74 mph or higher. Just days before the official start to the... Read More

BuildFax CEO Holly Tachovsky Recognized in the Woman’s Way Business Awards

BuildFax, the leading provider of property history and condition data, is proud to announce that the company’s Chief Executive Officer, Holly Tachovsky, was recognized by Austin Woman magazine for her impressive leadership – taking home the Business of the Year (More than $3 Million) award. The Woman’s Way Business Awards honors the woman behind innovative... Read More

Raising the Data Standards Bar at RESO: The Future of Property Valuation

Last week, our very own CEO Holly Tachovsky took the stage at the RESO (Real Estate Standards Organization) Tech Summit to discuss the ever-evolving landscape of real estate and property data. If there is one universal theme from the summit, it’s that the need for data standardization is critical. Globally, estimates suggest the value of... Read More

[New Report] Secure Better Reinsurance Outcomes: The Data-Driven Response to Disaster

Following an extremely active and costly Atlantic hurricane season, how can Florida carriers drive reinsurance negotiations to secure more favorable terms? With Florida not having faced a costly disaster in more than a decade, it’s never been more important for carriers to leverage trusted third-party data, in addition to catastrophe models, during reinsurance conversations. In... Read More

Austin Habitat Volunteer Day: Building Homes and Building Community

At BuildFax, we know how important safe, stable, and affordable housing is to our community, and we’re thrilled to work with Austin Habitat for Humanity to help build homes for families in need. The team enjoyed a sunny day of hard work this week framing up walls, caulking, sawing, and maneuvering roof panels. This was... Read More

4 Things Carriers Should Know About Hurricane Recovery

Catastrophic weather events leave a lot of valuable information in their wake that can shine a light on future storm recovery and help insurance carriers improve the accuracy of future loss estimates. This infographic breaks down four things carriers should know about hurricane recovery.   Want to learn more? BuildFax founder and CEO, Holly Tachovsky,... Read More

Real Estate Agents Should Embrace, Not Shun, the Data-Empowered Buyer

  This post was written and contributed by Valerie Archer, BuildFax’s Market Development Director.  The fear of missing out is a common phenomenon that may result in regret, doubt, or even misinformation – whether it’s buying a popular crypto currency or joining a new subscription service. In the real estate industry, this experience is increasingly... Read More
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