Open InsuranceJune 20263 min read
Living SOV turns property data into renewal leverage.
How enrichment changes underwriting by showing carriers more of the actual property story.
“Open’s Living SOV reframes the schedule of values from a yearly chore into a standing asset.”
The Living SOV enriches every property record with construction, occupancy, and protection detail, then keeps it current between renewals, giving carriers more of the actual building to price.
Why it matters at renewal
Fuller records reduce the uncertainty a modeler prices around. Owners using the Living SOV go to market with a cleaner story and fewer reasons for a padded quote.
“More of the real building on the record means less guesswork in the price.”
The feature is included in the Open AI Risk Platform.
