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April 04, 2008
First American Proxix Solutions Adds Risk Concentration To Its Hazard Risk-Management Solution
First American Proxix Solutions announced the addition of risk concentration as an option in its CATUM automated insurance suite.
First American Proxix Solutions developed a set of grid layers in varying square-mile areas for all 50 states, which have been integrated within CATUM as layer options. CATUM processes street addresses using its proprietary high-precision parcel-level geocoding and spatial analysis technology and appends a cell identification to each record according to the selected grid matrix. Insurers can then import files into their reporting application and generate reports detailing the number of policies and the total exposure in a specific area. Appended files can be shipped in shapefile format for map display.
Posted by S. Germain at April 4, 2008 08:47 AM
