"The lack of verifiable data forces insurers to guess at risk, resulting in weaker valuations and increased safety risks that ultimately drives premiums higher." Insurance premiums are rising 15-20% for strata buildings and up to 20% for industrial assets*. At the core of the platform is Quipex's bespoke Building Integrity and Risk Culture scores which provide a living snapshot of each building's risk profile. Quipex CEO Stuart McWilliam says the platform can vastly improve consumer outcomes and lower costs for building owners by allowing insurers to price risk based on facts, not assumptions. "We have an unprecedented opportunity to create a single source of truth for building data," she said.