Orlando, FL (PRWEB) February 8, 2011
Today at the Reinsurance Association of America Catastrophe Modeling Conference, SpatialKey and MarketStance announced a strategic partnership to provide commercial insurance carriers with instant, visual insights into new opportunities for growth and distribution. The alliance will enable customers to combine SpatialKey’s data visualization and analysis platform with MarketStance’s industry-leading datasets for insights into market trends, opportunities, and distribution channels.
MarketStance’s datasets combine sophisticated analysis and projections with highly granular demographic and commercial insurance information, including exposure, premium by line and loss information, as well as historical economic trends and forward-looking forecasts. With this partnership, insurance carriers will now be able to use SpatialKey's data visualization and analysis technology together with MarketStance’s industry-leading information to uncover new opportunities in property and casualty. Once analysis is done, SpatialKey can also deliver visually compelling, fully interactive presentations which also offer presenters the ability to perform analysis on the fly.
“Commercial customers are always looking for data that can increase their competitive advantage and enable better decision-making, but analyzing location-based data can be challenging without visualization tools,” said Tom Link, SpatialKey founder and CEO. “Working together with MarketStance, SpatialKey can offer insurance carriers the ability to objectively assess new market trends and opportunities as well as identify the most effective path to market."
“SpatialKey allows our users to explore, combine, analyze and present critical information trends and relationships in new ways,” says Dr. Fritz Yohn, founder and CEO, MarketStance. “SpatialKey’s ability to present our rich data set in a visually powerful way is a breakthrough capability for the industry.”
Next-generation, SaaS-based SpatialKey delivers the visual intelligence you need to unlock the full potential of your data and accelerate understanding, collaboration, and action. Easily bring together data from virtually any source and see it come alive instantly in interactive, contextual visualizations that make patterns and trends—and the right decisions—more readily apparent. Available either out-of-the-box or customized to meet your specific requirements, SpatialKey can be cost-effectively deployed in under a few hours for small workgroups and large organizations alike. For more information, please visit http://www.spatialkey.com.
MarketStance is the leading provider of information and analytics to the insurance industry. Our validated and tested predictive modeling techniques provide a synchronized and impartial view of the insurance marketplace to innovative insurance professionals. Over 90% or the largest property and casualty insurance companies in the US turn to MarketStance for actionable, accessible information. For more information, contact us at (888) 777-2587 or ms(at)marketstance(dot)com. http://www.marketstance.com.
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