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BuildFax Teams With Equifax to Deliver Unique Property History Intelligence Assets to Insurance...
Austin, TX - June 7, 2011 - (RealEstateRama) -- BuildFax, the industry's exclusive creator of the largest commercial and residential permitting database in the United States, today announced that it has joined forces with Equifax Inc. (NYSE:EFX) to give property & casualty insurance carriers a more complete view of underwriting risks while uncovering any key changes to their portfolio since policy inception. Now, Equifax customers can gain immediate access to BuildFax’s unique, differentiated data assets, which include property history information representing 60 percent of the nation’s building permit volume. Through this relationship, insurance carriers can improve the accuracy of underwriting valuation models to develop more effective pricing strategies and reduce the potential for fraud