+
Years of Construction Data
Powered by Cordell's strong history of research
~
Australian Residential Households
Estimate rebuild cost using this tool
Australian States
Where available, data pre-populates for all states

Reduce guess work

Cordell Sum Sure pre-populates our detailed property information allowing for a quicker estimate. Rather than working out and manually entering property attributes, consumers can focus on validating the pre-populated data and refining the estimate, which minimises cases of under-insurance at the point of purchase and provides a higher level of transparency.

570px-320px—Businessman_Laughing_Mobile.jpg

Superior customer service

Provide your customers with a simple, easy-to-use, fully-integrated solution to help determine their sum insured value. Using the Application Programming Interfaces (APIs), the insurer can craft a complete digital experience and ensure the calculators are a seamless part of the acquisition to policy conversion process.

Understand portfolio exposure

Cordell Sum Sure Portfolio Review provides access to in-depth insights at the portfolio level will help insurers to understand where to focus efforts to resolve under-insurance. Insurers can process a batch file of house insurance policy/address records then append and receive the following:

  • An estimated rebuild cost;
  • Associated property attributes (the pre-populated answers in the Cordell Sum Sure Standalone Calculator) where an estimated rebuild cost exists
570px-320px-Rooftops_Suburb.jpg

This information help insurers understand where to focus their efforts to resolve underinsurance or other exposure. It will also allow accurate revision of sum insured values and renewal premiums based on changes in reconstruction costs at individual property levels, rather than using a general adjustment for building inflation.

570px-320px-House_Finance.jpg

Improve financial metrics

Help insurers collect premiums commensurate with the risk being insured, to improve loss ratios and overall profitability. Assist with sales conversion by keeping the customer in the same interaction to determine an appropriate Sum Insured. Ongoing portfolio management – allows insurers to more accurately revise sum insured values and renew premiums based on the change in reconstruction cost at individual property level, rather than using a general adjustment for building inflation.