InsurTechs Betterview and EagleView announced a strategic alliance.
EagleView’s aerial imagery will be integrated into Betterview’s property intelligence platform to help insurers better understand a customer’s total property risk by providing broader, data-driven intelligence for both underwriters and claims professionals. Additional benefits of the alliance will include the ability for EagleView customers to gain direct access to Betterview’s property insights, scores, and data, according to a joint press release.
“EagleView chose to join forces with Betterview and their cutting-edge property analytics,” said Piers Dormeyer, CEO of EagleView, in the release. “We’re launching an alliance that leverages the expertise of both companies to scale our innovative solutions and deliver unparalleled property intelligence to our customers.”
Customers across both product platforms will see expanded imagery coverage, AI detections for property condition attributes such as roof age, predictive risk scores for roof conditions and weather related vulnerabilities, and a historical image library. Customers will also have access to post catastrophe event imagery and predictive catastrophe response capabilities.
“At Betterview, we are continuously looking for ways to improve our customer’s ability to accurately assess property risk,” said David Lyman, CEO and co-founder of Betterview, in the release. “EagleView’s extensive, 20-year library of high-quality aerial imagery paired with our AI-powered property insights greatly expand our customers’ total understanding of property risk, both pre- and post-claim.”
Betterview is a property intelligence and risk management solution for the insurance industry to help identify and mitigate property risk, improve underwriting and inspection efficiency, and build a more transparent customer experience. Applying AI and computer vision to aerial imagery and geospatial data, Betterview generates property information to help insurers automate pricing, underwriting, and renewals while focusing strategic action on critical properties.
EagleView is a provider of geospatial technology. Its technology portfolio comprises more than 300 patents, enabling offerings of software, imagery, and analytics products for multiple industries.
Sources: Betterview, EagleView