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CATUM

A Complete Solution for Policy Risk Lifecycle Management

In any market there are three key areas that remain at the core of the insurance business: Risk Management, Regulatory Compliance, and Revenue Generation. First American's insurance solution, CATUM, combines parcel-level geocoding and spatial analytics technologies with comprehensive hazard risk, regulatory compliance and geographic databases, that provide the actionable information to improve risk, regulatory and revenue results.

Features

CATUM is a sophisticated solution that provides insurers with the locational insights to:

Risk Management

Build more granular pricing models
Effectively respond to large-scale claim events
Better identify and manage risk exposures
Identify risk concentration to avoid catastrophic loss and to find new business opportunities

Regulatory Compliance

Monitor and demonstrate solvency better
Identify and optimize Wind Pool Credits
Ensure proper allocation of Premium Taxes
Audit auto claims sales tax compliance
Build more accurate Rating Territories for filing with DOIs

Revenue

Improve the efficiency of marketing through more targeted campaigns
Handle a higher volume of business, more effectively
Reduce rate evasion
Improve pricing accuracy
Automate processes for better efficiencies and increased data accuracy
Maximize profitability

Deployment Options

CATUM integrates seamlessly into existing architectures or can be licensed as a Web service hosted by the client or by First American. Additionally, businesses can utilize CATUM Online, First American's Web portal, to process a single address or a batch files of addresses.