On-Demand Webinar — Imagery Becomes Intelligence: The Data Is in the Details
The landscape has changed dramatically for insurance carriers over the past few years. COVID-19 changed how we live and work. Natural disasters are becoming more frequent and more severe. Economic pressures make doing more with less more important than ever. Carriers are turning to new and advancing technologies, such as aerial imagery and AI derived parcel data, to respond to the growing challenges facing today’s world.
The ability to quickly and accurately capture and evaluate the truth on the ground through aerial imagery is an ever-growing industry because of the clarity and accuracy of the information that is provided. Going above to see below is accomplished using satellites, stratospheric balloons, drones, or fixed-wing aircrafts. While all four provide imagery, the similarities end there. Aerial imagery from a trusted source like Nearmap is captured using afixed-wing aircraft flying at an altitude close enough to gather granular details of the ground below, yet high enough to cover areas at scale — a combination that enables property and casualty (P&C) insurers to see the critical property details that empower confident decisions.
In this webinar insurers will learn how they can leverage location intelligence derived from aerial imagery to more efficiently evaluate property risk, conduct virtual assessments and empower better pricing, quoting and underwriting decisions, including specific examples on how to:
- Improve the quality of data being inputted in models and algorithms
- Evaluate and monitor current risk across your portfolio
- Find PIFs that are underinsured or have coverage gaps
- Mitigate and improve loss exposure
- Improve accuracy and speed during the claims process