GIS Development Manager

IAG Direct Insurance - Geospatial Information

Hugh Saalmans

Linking millions of

people, policies and places

insurance & IAG DI

pricing & location based risk

geocoding & addressing

G-NAF

agenda

insurance & IAG DI

pricing & location based risk

geocoding & addressing

G-NAF

agenda

insurance & IAG DI

“...the business of manufacturing promises”

~ Warren Buffet, 2012

insurance

insurance

$19,689,000,000

1.3% GDP

Source: APRA June 2012 Quarterly GI Performance Statistics

IAG DIRECT INSURANCE

~$4,299 MILLION REVENUE

~$700 BILLION INSURED

insurance & IAG DI

pricing & location based risk

geocoding & addressing

G-NAF

pricing & location based risk

agenda

insurance & IAG DI

pricing

pricing

park

bushland

location based risk

damage curves How severe?

claim frequency How often?

modelling What could happen?

spatial relationships What’s nearby?

geocoding L O C A T I O N

G - N A F

location based risk

insurance & IAG DI

pricing & location based risk

geocoding & addressing

G-NAF

geocoding & addressing

agenda

pricing & location based risk

DI & geocoding

why? the only cost effective method of locating risks, at the property level, on a national scale

1:1 pricing - a foundation of our strategy

what?

geocoding

DI & geocoding

status? geocoding and geo-pricing rolled out nationally

geocoding

100% overall

>95% household

geocoding

3 areas of improvement

1. input addresses

2. address matching

3. reference addresses (G-NAF)

geocoding

UNIT 2 LEVEL 3 10-20 ALFRED STREET NORTH NORTH SYDNEY 2060 NSW

address structure Street 2/3/10-20 Alfred St N

Suburb Nth Sydney NSW 2060

legacy addresses

input addresses

sub-dwelling type sub-dwelling no

level type level no

street number street name

street type street suffix

locality postcode

state

address capture

structured input

predefined pick lists

rapid address lookup

input addresses

localities

local vs gazetted

vanity suburbs

input addresses

Kingswood Heights

geocoding engine

evaluate, reconfigure, test

G-NAF 360o test

add your own logic

talk to your vendor

address matching

insurance & IAG DI

pricing & location based risk

geocoding & addressing

G-NAF

geocoding & addressing

agenda

G-NAF

good?

errors

completeness

timeliness

G-NAF (reference addresses)

errors

transient

amusing > business impact

customer impacts

examples

DIY database rules and QA

G-NAF

?

completeness

postcodes

sub-dwellings

you are a data source...

G-NAF

timeliness

quarterly updates

G-NAF Live

G-NAF

location is fundamental to insurance

geocoding - 3 areas of improvement (>95%)

addresses – clean, structured, well captured

engine – tested, optimised, customised

G-NAF – postcodes, sub-dwellings,

G-NAF Live

summary

location is fundamental to insurance

geocoding - 3 areas of improvement (>95%)

addresses – clean, structured, well captured

engine – tested, optimised, customised

G-NAF – postcodes, sub-dwellings,

G-NAF Live

summary

thank you!