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ExposureSource Database
The RMS® ExposureSource database supports RMS Data Quality Analytics by
delivering comprehensive and validated building attribute data to assess
and improve the quality of exposure data. The database consists of
location-specific commercial and residential property exposure data
compiled from a number of third-party databases, and validated through
extensive field surveys, satellite imagery, photographs, research, and
other sources.
The ExposureSource database is comprised of multiple independent data
sources including:
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Property records from tax assessment data
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Data sets comprised of construction projects and reports
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Data sets based on interpretation of aerial images
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Business information data sets
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Databases with information on specialty locations such as high-rise
buildings
Developed specifically to improve exposure data quality for use in the
insurance industry, the ExposureSource database provides extensive
geographic coverage, with priority for U.S. commercial and residential
properties that comprise a significant portion of total insured value in
regions at high risk to catastrophic perils. Modeling catastrophe risk
using complete and accurate exposure data enables insurers and
reinsurers to reduce operational risk, obtain optimal reinsurance
pricing and placement, improve rating assessments and capital
allocation, and maintain better underwriting discipline and pricing.
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