Schedule of Values Validation demo
Every location on the schedule checked against the address, the building and the value it should have. 1:14
What the demo shows
A property underwriting solution that checks every SOV location's address, COPE data and value.
Six agents put every location of the broker's schedule on a map, geocode it to the roof, check its COPE data against property records, permits, surveys and last year's schedule, and compare its value with the cost to rebuild; the underwriter fixes pins by dragging them and decides each finding.
Transcript
- Schedule of Values Validation checks every location on a broker's schedule for property underwriters.
- Schedules arrive with blank fields, wrong addresses, and building values rolled forward for years.
- Tidewater Crest sent 42 Gulf Coast locations.
- Six agents place and check every one.
- Green is clean, Amber the agents fixed, and Red needs Elena.
- Eight locations. Lake Charles landed on a zip centroid.
- Elena moves the pin onto the cold store.
- Flood zone AE. Color the map by value, and one Houston warehouse stands out.
- The Baytown warehouse is insured at 48% of rebuild, unchanged since 2019.
- Ten questions go to the broker in one email, and the exposure file is ready for modeling.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.