Industries : Insurance
Powering Business Insurance with BQ Data: Comprehensive Coverage Solutions for Every Need.
BQ Differentiators: ABC
Accuracy
Derived from government filings: IRS, Dept. of Labor, and 100K+ federal, state & local agencies — not surveys or estimates.
Breadth
360-degree view: firmographics, ownership, legal status, KYC checks, financials, executives, contacts, branches & locations.
Coverage
All U.S. companies & owners tracked — 102M organizations, 114M legal entities, 449M locations, 295M people.
Use Cases
- Underwriting Precision: Build risk models using BQ Credit Scores and macro-level financial data to ensure accurate policy pricing.
- Tailored Product Design: Leverage organizational health and growth indicators to create insurance products that meet specific client needs.
- Risk & Fraud Mitigation: Verify firmographics, ownership structures, and compliance data, including OFAC lists and tax liens, to minimize exposure.
- Targeted Marketing: Create targeted marketing campaigns using authenticated firmographic, financial, and family tree data to identify vetted business owners.
Useful for Different Insurance Products
- General Liability Insurance: Assess industry-specific risks and benchmark liability using BQ Industry Classification Codes (NAICS, SIC, IRS). Evaluate location-based liabilities with address data and gauge financial health with real-time revenue and growth metrics.
- Commercial Property Insurance: Use detailed location data and industry-specific benchmarks to assess property-related risks, supported by quarterly financials and employment trends.
- Workers’ Compensation Insurance: Identify job-related risks with NCCI Classification Codes and OSHA data. Leverage payroll trends, growth ratios, and compliance insights to evaluate workplace safety.
- Business Interruption Insurance: Predict risk and assess financial stability with historical claims data and real-time revenue, employment, and payroll metrics.
- Directors and Officers (D&O) Liability Insurance: Gauge governance risk with BQ Corporate Family Tree and executive data. Benchmark financial health and evaluate employment practices to mitigate legal liabilities.
- Commercial Umbrella Insurance: Provides extra liability coverage that extends beyond standard policies, protecting against large claims.
- Key Person Insurance: Protects businesses from financial loss due to the death or disability of a critical executive. Identify key executives with BQ data and evaluate financial impact using growth and payroll metrics.
- Group Health Insurance Plans: Provides health benefits for employees and their dependents. Use BQ firmographics and employment data to assess eligibility and risk.
Underwriting, Risk Estimation, Product Design and Marketing
Firmographics
Company Name & DBA; Website, LinkedIn; HQ Address; Phone; NAICS, SIC (primary & all); EIN, Ticker, CIK; Legal Form of Org (LLC, Corp, Partnership); Non-profit status (IRS); Date Founded; Company Type: Employer, Non-Employer, Sole Proprietor; BQ Confidence Score (based on filing activity).
Financials & Credit
BQ Credit Score (based on financial health); Revenue; Headcount, Payroll; Gross Profit, EBITDA, Net income; Cash, Total Assets; Short-Term & Long-Term Debt; Financial Ratios & Margins; Headcount & Revenue Growth (Annual, Quarterly, Monthly); SBA Loans.
Corporate Family Tree & Compliance Checks
Legal Entity Name & Address; Ultimate Parent; Children & Subsidiaries; IRS Tax Lien Check; Legal Entity Status Check; Legal Entity Active Indicator.
Executives
Executive Name, Email, Phone; Address (often residential); Title, Role; LinkedIn URL.