In the Netherlands, housing associations historically faced limited insurance options because of a mismatch between the data required by insurers and the actual potential losses they faced. Meijers, a leading Netherlands broking firm partnered with Infofolio (a data-science specialist with real estate and econometric modelling capabilities) to translate diverse property and risk information into a format insurers could accept, all without resorting to costly physical appraisals.
Key hurdles included aligning alternative data with insurers’ expectations, gaining trust from associations sceptical about new valuation methods, and delivering accurate, insurer-ready information without expensive inspections.
Their service launched in October 2024, offering housing associations a comprehensive, accurate overview of rebuilding values and object data, delivering better negotiation power to the associations, while insurers benefited from reliable, structured data
