Through a combination of artificial intelligence (AI) and computer vision models applied to aerial imagery – and delivered through a comprehensive software solution – Nearmap changes the way insurers manage and price property risk. It earned them multiple PropertyCasualty360 Luminaries Awards, including as a company for its risk management innovation and technology innovation.
Individually, Dave Tobias, general manager of Insurance at Nearmap, was named as a risk management innovation Luminary for his leadership in creating the industry's first comprehensive property intelligence tech stack. It began with his co-founding of Betterview in 2014 to help insurers better manage risk, and over time, this effort evolved into joining forces with Nearmap in 2023.
In this "Meet the Luminaries" podcast, Tobias shares his story and explains how advanced technology, accurate historical data, and imagery help insurers better understand their risk and exposure, while also ensuring they can quickly make their insureds whole again. You'll hear about:
- How new technology is empowering insurers to tackle the age-old problem of accurately determining roof age and condition, and then folding that information into quoting underwriting and renewal workflows.
- Why historical information and aerial imagery are both vital to predict insurers' exposure and speed up post-catastrophe response.
- What best practices are crucial for those looking to move forward with their own innovations.
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