High value homes represent an estimated 5% or more of the over 82 million single-family dwellings in the U.S. and Canada. This home segment is increasing dramatically in high value metropolitan, coastal, mountain, island and resort locations. These special homes present significant risks to an insurance carrier's book of homeowners' business if they are not valued properly.
Agents, carriers and inspectors can be challenged by the unique, elaborate finishes and features found in high value homes, as well as by additional superstructure necessary to support open-concept designs, multi-winged residences and attached and detached structures. The estimation application features data and technology to accurately calculate the cost to rebuild the structure from the ground up, taking into consideration the unique architectural designs, luxurious materials, and wage rates of master craftsmen typically used for high value homes.
MDA provides advanced information solutions that capture and process vast amounts of data, produce essential information, and improve the decision making and operational performance of business and government organizations worldwide.
Focused on markets and customers with strong repeat business potential, MDA delivers a broad spectrum of earth and space based information solutions, ranging from complex operational systems, to tailored information services, to electronic information products.
MDA employs more than 2,500 people in locations across the United States, the United Kingdom, and Canada. The Company's common shares trade on the Toronto Stock Exchange under the symbol TSX:MDA.