Pinnacle Precision Scoring with Road Level Data from TomTom
A New Tool for Auto Insurance Pricing
For companies writing automobile insurance, geographical location is one of the most significant rating variables. Pinnacle Precision Scoring, enabled with TomTom data, delivers deeper insights into geographical location and driving conditions for more accurate and precise pricing.
Roosevelt C. Mosley Jr., FCAS, MAAA, CSPA
Managing Principal
rmosley@pinnacleactuaries.com
(309) 807-2330
Accurate Pricing Through Predictive Analytics
The characteristics of geographical location are key drivers of insurance costs, including:
Traffic density
Law enforcement patterns
Speed
Road design
Pinnacle's strategic partner TomTom, a leading global mapping software provider, has that data. Pinnacle Precision Scoring combines Pinnacle’s leadership in predictive analytics with raw data from TomTom. The scoring model conducts a systematic review and analysis by deploying traditional as well as proprietary modeling techniques. The outcome: the Pinnacle Precision Score, helping insurers to make informed and accurate pricing decisions.
Find out how Pinnacle can make pricing and rating for auto simpler, easier and more precise. Contact us today!