By Peter Hedlund, Managing Director of Ordnance Survey International
Ensuring quality of life in our cities is a complex challenge, but essential to making it happen is up-to-date and accurate land information. The emergence of Internet of Things technology such as autonomous vehicles, is driving the development of smart cities in many metropolitan areas around the world.
Dubai has set itself the goal of being the world’s smartest and happiest city. To achieve this vision, a smart city initiative has been launched to explore energy, environment, infrastructure and mobility. Geospatial data will be a key component and tool enabling services in each of these domains.
If you haven’t used or heard of it before, AddressBase is a family of three addressing products we’ve offered since 2011. These products provide the most comprehensive and definitive source of spatial addressing information for England, Scotland and Wales, amounting to over 41 million records.
The products are made up of numerous authoritative sources, all collated and compiled by GeoPlace, a partnership between Ordnance Survey and the Local Government Association.
The task of compiling these data sources and creating a product every six weeks is not to be underestimated, but during 2015 the Location Analytics Product team at OS began to question the possibilities of extending the address content coverage.
Cifas are the leaders in fraud prevention, enabling organisations in every sector to prevent fraud and protect the public – by sharing data, spreading knowledge and pushing the capabilities of technology. OS has been supporting Cifas for over six years now, by helping to communicate how fraud affects us all through a series of reports and by demonstrating how OS’s mapping and addressing data can help organisations in the fight against fraud.
In 2014, 41% of all fraud (almost 114,000 cases) recorded by organisations through Cifas’ National Fraud Database were identity frauds. These are frauds where a fraudster has used the identity details of an individual to obtain a product or service in their name. These frauds targeted a wide variety of products: from bank accounts to mobile phone contracts, loans to insurance.
In July we invited a select group of our insurance customers to join us aboard HMS Belfast in London for our first customer forum. Our aim for the forum was to share best practice of using mapping and addressing data for underwriting property insurance, whilst at the same time allowing the attendees to not only meet and network with peers, but also share discussion on key points bought up by the presenters. The format seemed to work – with customers welcoming the debate and discussion the agenda offered.
Guest post by Miranda Sharp, Head of Commercial Business, Ordnance Survey
The industry and the Government have been working tirelessly over the past 24 months to agree the replacement for the Statement of Principles that allows affordable flood cover for all. However, now the Water Bill has received Royal Ascent; the real hard work is about to begin on Flood Re as the enabling legislation is in place. The Flood Re scheme will allow owners of flood-prone homes to buy affordable insurance, where annual premiums will be capped and payouts for flood damage will come from a central pool of money. Homeowners will continue to buy home insurance in the normal way through insurers or brokers, but their insurers may choose to include their homes into the scheme.
The industry, politicians and the media have been discussing some of the exclusions at length, including the Association of British Insurers (ABI) putting a case for the inclusion Council Tax Band H properties. In light of this discussion, Ordnance Survey, in conjunction with POST have commissioned a report find out where concerns with Flood Re lie. The research asked a range of experts across the insurance market along with 120 professionals for their views on Flood Re.
Richard Brocklebank, Business Development Manager, Ordnance Survey
Last week over 190 industry professionals got together to hear the latest on flood risk and data available to help understand and manage it at a collaborative event organised by Ordnance Survey, Environment Agency, Met Office and British Geological Survey. Our vision for the event was to bring together data creators, application providers, insurers and brokers in one room, with the aim of facilitating discussion and working together to better manage the problem of flood risk across the UK. Through this the industry would gain a greater understanding of the scale of the flood risk problem and available data to help them with their work.
In this video case study we explain how Ordnance Survey data was used to prove that claims for a whiplash injury during a bus accident were fraudulent. Our analysis found that the majority of the claimants (who claimed to be travelling home on the bus at the time of the accident), lived miles away from the bus route – and there was in fact another bus route closer to their homes.
To find out more about how Ordnance Survey data can be used in the fight against insurance fraud, visit http://www.ordnancesurvey.co.uk/oswebsite/business/financial-services/applications/insurance/fraud.html