June 23, 2016 by SCM Insurance Services
TORONTO – As part of Opta Information Intelligence’s commitment to continually enhancing the user experience through the iClarify Commercial™ platform, Opta is proud to announce an expanded version of the Commercial Replacement Cost Calculator. This enhancement will supply users with a robust tool to generate accurate replacement costs on commercial buildings by providing the ability to capture more detailed construction features. It also generates replacement costs for multi-occupant and multi- structured commercial buildings, leading to a more efficient overall quoting process.
iClarify Commercial™ is the only solution available via web-portal and directly integrated into internal systems, providing access to an unprecedented level of property specific data, all accessed within seconds and populated into a sophisticated, professional report. Brokers, underwriters, and insurers can view the information they need to assess risk with confidence and intelligently target new business via access to Canada’s largest database of construction, occupancy, fire protection, claims history, geocoded streetscape imagery, environmental exposure, and valuation data. For a better understanding of the risks their portfolio faces, customers can also receive an accurate update of the Total Insured Value (TIV) on their entire book of business through a batch delivery.
“iClarify Commercial™ maintains wide-ranging property detail on over 2.2 million properties in Canada, and is the largest source of aggregated data in our country,” states Greg McCutcheon, President of Opta Information Intelligence. “This latest enhancement delivers greater accuracy and provides a turn-key underwriting solution for our broker and underwriting partners”.
The updated valuation tool will be available immediately, delivering superior business value and property intelligence.
For more information about Opta’s iClarify™ services, please visit www.optaintel.ca or contact:
Opta Information Intelligence
Senior Vice President, Marketing & External Communications
SCM Insurance Services
Opta Information Intelligence is Canada’s largest aggregator of property risk information and leading provider of property intelligence and innovative technology solutions for insurance and corporate industries. Opta helps you access, understand, and synthesize previously inaccessible information, turning it into intelligence that helps to discover and understand business risks. Visit www.optaintel.ca .