Sorry we missed you!
Here's a sneak peek at some of the sessions our Nearmap Insurance Exec Summit attendees found most valuable on the day.)
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The Invisible Ally: How embedded AI is reshaping P&C insurance
Insurers have more geospatial data available to them than ever before. Artificial intelligence makes it possible to actually operationalise this data in a single platform, enabling a competitive edge throughout the policy lifecycle. The Betterview platform improves decision-making, redefines underwriting /inspection efficiency, enhances risk management, and transforms CAT response.
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Property intelligence in high resolution
Drones are expensive at scale, and while satellite is effective for some applications, the level of detail doesn’t compare to aircraft-captured aerial imagery from Nearmap. We are continuously investing and innovating in our camera technology. We created HyperCamera3 to enable ultra-high resolution imagery, superior capture productivity, better 3D and AI, four band imaging, and 8 oblique views.
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The Nearmap content engine
We currently cover 95% of the Australian population, analysing factors like land use, climate data, ATC clearance and more to determine when and where to fly. Nearmap ImpactResponse rapidly captures imagery after bushfires, floods, storms, and more — publishing generally within 24-48 hours, and sometimes within 3 hours. This content helps improve insurers’ loss and expense ratios, and customer satisfaction.
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Invisible insights: Unlocking new levels of property intelligence with Gen6 AI
We merged Nearmap and Betterview ontologies and detections to create one incredibly efficient system that produces all these detections (130+) from one model that is far more cost effective — Nearmap AI Gen6. As a result, 95% of Betterview detections improved, and 75% of Nearmap Gen5 AI layers improved. These AI detections empower risk assessments, and provide Roof and Damage scores.
What’s next from Nearmap?
Portfolio Intelligence
Attendees got a sneak-peek at a new AI-powered solution within the Betterview platform that aims to help P&C insurers take a portfolio-wide approach to risk management. It's launching on March 19, watch this space!
Claims Leaders Summit
Will you be at the Claims Leaders Summit on May 14 in Sydney? Stop by our booth at Australia's premier claims event.
Virtual solutions booth
Our solutions booths at the Nearmap Insurance Exec Summit were extremely popular among attendees. Want to explore some of the solutions we demo'd at the event? To set up a tailored session email us at execsummit.anz@nearmap.com