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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
The 2017 Benzinga Global Fintech Awards saw some of the most innovative companies in fintech show off their products to high-profile financial executives and fintech leaders.
Here, we’re sharing the fintech insights and new products on display at this year’s BZ Awards.
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The Company:
BuildFax enables property insurance companies to make data-driven decisions on underwriting claims and risk assessment. By using BuildFax data, insurance companies can assess predictors of potential losses through evaluations of the overall condition of a property, its maintenance history, solar installations, new construction, remodels for HVAC, as well as roofing, electrical history and plumbing, among other factors. Its data represents more than $30 billion in direct premiums written and covers more than 70 percent of the United States.
The Pitch:
Insurance companies can use BuildFax data to identify housing trends in hundreds of thousands of neighborhoods in the United States. The company enlists data analysts to answer custom queries from users. Some of these requests include “How old are the plumbing systems in Northern California” or “Can you help us bust fraudulent appraisers?” or “What’s the average age of a roof in Austin, Texas?”
The Future:
At the 2017 Benzinga Global Fintech Awards, BuildFax VP of Sales Chris Schaum discussed the potential impact of BuildFax on the insurance industry. Schaum noted that BuildFax data covers over 100 different equities, including municipal bonds and REITs.
“If you care about macroeconomic and micro economic indicators," he said, "if you care about anything tied to commercial or residential construction housing or that whole world, then we can be of value to you.”
Watch the full demo for BuildFax at the 2017 Benzinga Global Fintech Awards here.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.