Digital Matrix Systems Establishes Strategic Alliance with HazardHub to Help Insurers Gain a Clear View of Property-Level Risk

Business Wire

Companies share a common goal of providing the right data to support key business decisions

ADDISON, Texas--(BUSINESS WIRE)-- Digital Matrix Systems, Inc. (DMS), a leading risk management solution provider, announced today that it has entered a strategic alliance with HazardHub, the only third-generation provider of property-level hazard risk databases. The alliance supports the two companies’ common goal of helping leading companies leverage data to make effective business decisions and mitigate risk. HazardHub is also a partner in the DMS TEST/DRIVE® program, which enables clients to easily determine if the company’s data will add value to their business.

As the fastest-growing supplier of geospatial risk data in the United States, HazardHub provides not only data that is leveraged by leading insurers, but valuable information that individual consumers can use to assess risk to their properties. This data includes the distance to the nearest fire station and the distance to the nearest fire hydrant, among a broad spectrum of other data points.

HazardHub provides comprehensive, national coverage for risks that destroy and damage property, including perils from air, water, earth, and fire. The company is very responsive to the needs of its users. Recognizing that a high number of website visitors were looking up multiple data points for a property one record at a time, the team at HazardHub introduced AgentRiskView™, an SaaS product for agents, underwriters and anyone else interested in fast, accurate hazard risk and property data.

“Although they may vary based on seasonal changes or other factors, risks to property will never go away,” said John Siegman, Co-Founder and CRO of HazardHub. “We are continually looking for ways we can increase the value of our dataset and help our client base identify risks that can negatively impact their property. We're excited to partner with Digital Matrix Systems to expand the reach of our data even further.”

“We are thrilled to be working with HazardHub to help bring their solutions to the attention of insurers,” said Carson York, Vice President of Business Development for Digital Matrix Systems. “DMS is continuously seeking solutions that are complementary to our product suite and will help our clients manage risk. HazardHub has a great offering and team, and we’re pleased to help bring attention to the critical data they deliver.”

About HazardHub

Air. Fire. Water. Earth. Man Made. HazardHub is the only third-generation provider of property-level hazard risk databases spanning the most dangerous perils in the continental United States. HazardHub translates huge amounts of geospatial digital data into easy to understand answers, providing easy to comprehend risk scorecards that are used to make real-world decisions. Our team of scientists provides comprehensive, and innovative, national coverage for risks that destroy and damage property.

To learn more about HazardHub, visit www.hazardhub.com or reach us directly at [email protected].

About Digital Matrix Systems, Inc.

Founded in 1982, DMS is an international risk management solution provider that helps clients leverage the power of data to make better-informed business decisions. Through an integrated product suite, DMS delivers secure access to consumer and commercial credit bureaus, as well as specialty data providers. As a reliable partner, DMS helps leading companies predict and manage risk in a variety of industries, including financial services, insurance, and brokerage services. The company provides data warehousing, advanced analytics, scoring models, and comprehensive consulting services, delivering strategic solutions tailored to each client’s business goals. For more information, visit www.dms.net.