Cloud-based location intelligence platform Addresscloud celebrated its second major insurance award win at the Insurance Times awards last week (Thursday 8th December).

At the glittering ceremony in London, the business picked up the award for ‘Excellence in Technology – Customer’ in recognition of its work with Compare the Market (CtM) to build and deliver a service that can accurately and automatically pre-populate complex data sets for property data, such as rooms, age, distance to water and more.

The service speeds up the customers’ journey through the home insurance purchasing process, saving around 400 hours of customer time since the service went live.

This is the second major award win for Addresscloud this year.  The team also took home the award for ‘Insurance Partner of the Year’ at the British Insurance Awards in July, also in recognition of its work with CtM to speed up and simplify the home insurance buying journey.

Founder and CEO, Mark Varley said:

“2022 has been an incredible year for Addresscloud, not only were we ecstatic to pick up these two awards, we’ve also secured some major new clients including Flood Re. grown our team and continued to develop our address-mapping and risk assessment capabilities.  We have some major new developments in the pipeline for 2023 and I am looking forward to what lies ahead.”