US-based insurtech platform Betterview has formed a new partnership with location intelligence and aerial imagery provider Nearmap.

In an event of a catastrophe, the alliance would enable customers of Betterview’s CAT Response System (CAT-RS) for claims to assess the impact on insured properties.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Nearmap ImpactResponse provides high-resolution imagery shortly after extreme weather events, such as windstorms, hurricanes, tornados, and wildfires.

Integration of the data provided by Nearmap into Betterview’s CAT-RS platform allows insurers to assess the extent of the damage to the property and then make informed decisions.

Betterview’s platform leverages computer vision to provide live predictions of real damage.

The partnership is expected to reduce the cases of fraudulent claims.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Betterview co-founder and CEO David Lyman said: “This partnership is a great example of two companies joining forces to create a powerful solution. Our predictive analytics, computer vision tools, and claim verification workflow with an intuitive UI, paired with Nearmap’s market-leading imagery, will help insurers quickly respond to their insureds in times of crisis while simultaneously reducing claims expenses.”

Nearmap general manager of insurance Elizabeth Del Ferro said: “Using our market-leading proprietary camera and processing technology, Nearmap ImpactResponse gives insurers rapid access to post-catastrophe imagery, allowing them to review claims and respond to customers in a fraction of the time it would take to assess damage in-person.”

Last month, Betterview launched Hurricane Risk Insights solution for P&C insurance firms.