SAN FRANCISCO, CA “ Betterview, a predictive analytics platform that makes every property thoroughly understood for the sake of those who rely on them, today announced the integration of the Geospatial Insurance Consortium's high-resolution aerial imagery into Betterview's property risk management platform.
The Geospatial Insurance Consortium's (GIC) mission is to provide the most comprehensive, precise, and up-to-date location information to insurers. Its cloud-based imagery service captures coast-to-coast imagery of the continental US including ultra-high-resolution imagery of the top metro areas. The integration of this imagery will provide mutual customers with premium quality location data throughout the property and casualty lifecycle.
We have been working with the GIC for over a year. Our initial project involved a mutual reinsurance customer who wanted to leverage GIC's ultra-high-resolution imagery so they could identify potential roof and property issues in their book of business, said Dave Tobias, COO & Co-Founder, Betterview. After completing this project and seeing the value of GIC's imagery first-hand, we decided to integrate its aerial imagery into our property risk management platform, allowing mutual customers to quickly and easily generate insights whether they are quoting new business, renewing a policy or expediting the claims process before and after the first notice of loss (FNOL).
Betterview's predictive analytics and property risk management platform are used by over a dozen personal and commercial lines carriers and is backed by a team with deep experience in the P&C insurance industry. Mutual customers of Betterview and GIC will now be able to access, analyze, and take action from high-quality GIC imagery by entering an address or uploading a book of business into Betterview's risk management platform.
We're always looking to create value for our members by adding best of breed companies into our partner network, said Rob Agee, Vice President of Business Development, Geospatial Insurance Consortium. One of the great benefits of this partnership with Betterview is that if our members don't have an in-house machine learning platform, they can utilize an out-of-the-box solution like Betterview from our partner network to automatically generate insights about roofs and properties.
Both companies are currently exhibiting at InsureTech Connect at the MGM Grand in Las Vegas. Visit the GIC at booth 533 and Betterview at booth 906 to learn more.
For more information about this announcement, contact Paul Ptashnick at [email protected] or Brianna Swales at [email protected].
About Betterview
Betterview provides property insight and workflow tools for Insurance companies to improve the customer experience by accelerating decisions and improving risk at every point of the life cycle. For more information about Betterview, visit: https://www.betterview.com
About Geospatial Insurance Consortium
The Geospatial Insurance Consortium's mission is to provide the most comprehensive, precise, and up-to-date location information to insurers. This insurance industry consortium delivers geospatial imagery and data, this leads to more informed underwriting, better claims decisions, reduces fraud and delivers faster catastrophe response. GIC's growing member base includes Travelers, Metlife, MunichRe, USAA, Allstate, Citizens, and Brit. To learn more visit geointel.org.
