Benefits of Using Crime Forecasting Data
CAP Index, Inc. provides solutions for an array of business needs. Our client list includes the leading companies in every major business sector. While top performers among the Fortune® 500 companies rely on site-specific insights to inform their planning, CAP Index® realizes that companies in all industries can be vulnerable to crime and loss, and that specific industries face specific vulnerabilities. To meet these needs, CAP Index® works closely with companies in such industries as finance, retail, real estate, health care, the public sector, and a variety of service fields. The list below demonstrates, in general, how CAP Index® data may be used.
Crime forecasting data & risk assessments help companies with:
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CAP’s data are used to establish thresholds for different security packages for new and existing locations.
CAP’s data are consistent and comparable. Users can easily assess and compare any locations within the given country (United States, United Kingdom or Canada).
CAP’s data married with sales volume, existing shrink data, and other key variables help companies predict new store losses, benchmark their sites, and optimally allocate security resources at existing locations.
CAP’s data assist in determining the ROI on security expenditures, allowing limited security budgets to be targeted to where they will have the greatest impact.
CAP’s data identify the risk of locating in a given area that can be examined in conjunction with the market potential.
CAP’s data are an objective, highly valuable component of any risk matrix. In addition, our professional staff can make recommendations on how to build or enhance a risk matrix tailored to your corporate culture that allows for operational feasibility and cost effectiveness.
Crime and other types of risk significantly affect the value of real estate. CAP’s data are used to assure wise real estate investments and identify market trends.
Premises Liability lawsuits cost companies millions of dollars every year. Using CAP’s data allows companies to objectively create or validate policies and procedures that are defensible in court. CAP’s data have been accepted in both state and federal courts.
High-risk locations require more security. Companies use CAP data to identify such high risk areas to demand successfully greater security from the lessor or to negotiate lower rents.
Some jurisdictions require by law that a crime risk assessment be conducted at each ATM location. CAP’s data identify crime risk at an address which helps to meet such requirements. In certain high risk areas, it may be best to service ATM’s only during daylight hours or to send guards along for such maintenance or refill.
CAP’s data are used to assess the risk at key employees’ homes, plan travel itineraries, and set approved hotel and conference locations based on risk potential.
CAP’s data correlate strongly with bank, credit card, return, checking and transaction fraud. CAP scores can help show businesses where they need to be particularly vigilant about potential fraud.
Fraudulent general liability claims are significant higher in high-crime locations. CAP’s data are used to identify locations where general liability claims should be investigated more thoroughly.
For close to two decades, insurance underwriters have relied upon CAP’s data to assist in determining policy rates, qualifying prospects, and reviewing portfolios.
CAP’s data are used to determine the least dangerous routes to use in delivering merchandise, the most appropriate time of day for deliveries, and the necessity for any additional security measures such as escorts.
- Parking Lot Security
- Bankruptcy Prediction
- Targeted Hiring
- Target Marketing
- Human Resources / Staffing Levels
- Store Typing
- Merger / Acquisition Due Diligence