Location data can be incredibly important for a variety of organizations. No matter what you’re using it for, it’s very clear to see how important location data can be in the functioning and creation of your business. Some businesses use it as their main source of income, but many organizations can use it as part of their strategy. As an insurance business, you can use location intelligence from Tracers to improve your functioning in a variety of ways.

Understand the application of location intelligence solutions

It’s common to understand what location intelligence is, but not really understand how you can utilize location intelligence. The good news is that there are plenty of potential applications. You can use location intelligence in the following ways:

• Marketing.
• Distribution.
• Pricing.
• Underwriting.
• Loss mitigation.
• Claims.
• Fraud management.
• Service supply.

Of course, this isn’t an exhaustive list. If you find a potential new application for location intelligence, you might as well use Tracers’ tools to see whether it’s an effective usage. After all, if you don’t try out new concepts, you won’t be able to invent new ways of doing things.

Get location intelligence software and create actionable business insights

Every time you gather more information about your business, you want to make sure it’s actionable. What this means is that you can actually use your brand-new information. It’s information that you can put into motion so it can start bringing you something new for your company.

Location intelligence is one of the things that’s most actionable for your business. When you gather new location information, you can use it, whether it’s for marketing, legal research, pricing, service supply, or something else. That’s what makes it so useful in the business world, and that includes the world of insurance.

Gather information using your preferred method

There are many ways to gather information. This is true in many situations, and it’s especially true if you’re trying to get information about your business. Tracers makes it easy to gather information using your organization’s preferred method because it offers three separate methods of gathering information:

• Batch processing.
• API.
• Individual searches & reports.

Clearly, all three of these are best suited to a different organization. The only question is, which method works best for you? Typically, batch processing is best for larger organizations, API is better for organizations that already have search indexes, and individual searches are better for smaller organizations or more targeted research.

Enhance your marketing and grow your business with location intelligence

Every organization just wants to grow. When you’re trying to decide which tools you want to use for your organization, you should consider how the tools you’re considering will make your organization grow. After all, with a larger organization, you’re able to do more and make more money, which is the end goal for most organizations.

Location intelligence gives you access to everything you need to grow your business. Whether it’s making your marketing tactics more effective with list generation and data augmentation, handling more cases every day, or even just making your clients appreciate your organization’s personal touch, location information can make it easier for you to grow your insurance business.

What industries can utilize location intelligence insights through Tracers?

Although insurance organizations can definitely use location intelligence to craft important insights for the rest of their business, insurance isn’t the only industry that Tracers offers important location intelligence insights. It’s possible for many other industries to benefit from location intelligence. Consider these industries that Tracers provides for:

• Investigators.
• Law enforcement.
• Collections.
• Corporations.
• Financial Services.
• Government.
• Insurance.
• Healthcare.

This is just a small sampling of the industries that can utilize Tracers. If you have an organization that doesn’t fit into any of these industries, but you still think it could use location intelligence through Tracers’ software, feel free to try it out. Tracers’ tools are great for any organization, no matter what industry it occupies.

More information

What is location intelligence?

Location intelligence can be incredibly important for a variety of organizations. Location intelligence is data about people’s past, current, and potential future locations. Some businesses use it as their main source of income, but many organizations can use it as part of their strategy.

Who can benefit from gathering location intelligence?

Although insurance organizations can definitely use location intelligence to craft important insights for the rest of their business, insurance isn’t the only industry, many other industries can also benefit from location intelligence. For example, collections, corporations, investigators, law enforcement, financial services, healthcare, and government can also use location intelligence to their advantage.

What does location intelligence help with?

Location intelligence can be used in a variety of ways including marketing, distribution, pricing, underwriting, loss mitigation, claims, fraud management, and service supply. Location intelligence gives you access to everything you need to grow your business. Whether it’s making your marketing tactics more effective, handling more cases every day, or even just making your clients appreciate your organization’s personal touch, location information can make it easier for you to grow your insurance business.

What do I need to get started using location intelligence?

To use location intelligence, you need access to the best location intelligence technology like Tracers. Through Tracers, you can access billions of records covering millions of American adults, all drawn from over 6,000 sources for the maximum amount and quality of data – from utility listings data to detailed address histories.