Secure Better Reinsurance Outcomes: The Data-Driven Response to Disaster

Third-party data solutions empower carriers with smarter negotiation tools

Following an extremely active and costly Atlantic hurricane season, how can Florida carriers drive reinsurance negotiations to secure more favorable terms? With Florida experiencing a 110.6 percent surge in new roof installations, carriers have a unique opportunity to leverage data to reduce exposure and improve their reinsurance negotiation position.

The latest research from BuildFax explores reinsurance negotiation opportunities for carriers enhanced by deeper insights into remodeling trends that augment catastrophe model update cycles.

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"24 percent of residential properties in Florida have roofs less than 10 years old."

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"In the last 10 years, Florida experienced a 110.6 percent surge in new roof installations."

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"25 percent of properties in Florida installed some level of opening protection. "

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