Demyst: Business and Property Prefill – Premium Data Collection

Use this recipe to prefill information for US business lines or commercial property insurance applications

Description:

Use this recipe to prefill information for US business lines or commercial property insurance applications to avoid tedious manual declaration by the customer that can result in drop-offs in applications and is also prone to errors and omissions. When using this recipe you would provide the registered name of the business and its address, and it would return available business firmographics (such as SIC and NAICS codes, website and social media information, business age and names of key executives), financial health information (such as number of employees, revenue and sales, risk scores, expenses and liens), property attributes (building size, property types, garage presence and property valuation) and property risk details (flood, hurricane and other natural disaster risks). In order to maximise fill rate this recipe utilises a combination of business data providers including Zoominfo, Equifax, Experian and Data Axle, in conjunction with a variety of property data providers such as HazardHub, Attom, Quantarium, HouseCanary and Infutor. When using this recipe, ensure that the name of the business you input is the registered name as opposed to a trading name, and that you include as much as of the address as possible split over the fields of Country (as a 2 digit code), State, City, Postcode and Street.

Expected Workflow:
User shares data with Demyst.
Demyst enriches data.
Demyst shares data back to user through Snowflake data share.

About the Provider:

The Demyst platform provides accelerated deployment of external data solutions for the world’s leading banks, insurers and fintechs. Demyst’s platform eliminates the friction associated with data procurement, testing, and deployment to unlock innovation and drive business growth. Unlock the power of external data with access to 1,000’s of data providers worldwide via a single API.

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