Riskscape, a specialist actuarial modelling company, has turned demographic and asset locations into data gold mines.
The company builds intuitive, effective spatial location intelligence in South Africa. Mapping the locations of properties, ownership and risk features, it has answered questions for property, financial and insurance sectors. These questions include everything from property worth, the average income of property owners, mortgage risk and the effect of climate change on the bottom line. The solutions effectively enhance the information available for assessing components of financing and insurance of properties, and levels the information playing field between buyers and sellers.
However, this market innovator needed a solution that would enable its growth (estimated to be significant within the year) and not limit its potential – a solution as innovative as the company itself.
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