Betterview Risk Management Platform
Overview
Betterview provides property insight and workflow tools to improve the customer experience by accelerating decisions and improving risk at every point of the P&C insurance lifecycle.
Betterview’s risk management platform helps carriers to identify and score roof condition and other property risks. Betterview does this by using machine learning and computer vision to analyze manned aircraft and satellite imagery. Betterview then combines this data with other sources such as building permits, assessors’ data, and historical weather to determine the characteristics and condition of a roof to determine the risk of future losses.
Key Features
Betterview provides predictive analytics to help insurance carriers understand where their greatest risks for loss are and how to make data-driven underwriting decisions. This information may be accessed via:
- API
- Betterview’s Guidewire PolicyCenter™ integration
- Web platform by typing in an address or uploading a CSV file
Users can also access address specific information in our platform, including:
- Roof Score, Condition and Characteristics
- Historial imagery
- Top five perils
- Building permits
- Assessors data
- And more
Key Benefits
Betterview’s roof risk score is used by commercial and personal lines underwriters to assess the condition of roofs on new business and renewals. Betterview’s risk scoring has been proven to be highly correlated to property losses, allowing carriers to automate the underwriting process by:
- Disqualifying properties that do not meet specific underwriting guidelines
- Fast-tracking policies that exceed underwriting criteria
- Managing risk around policies that fall in between via Betterview’s UI
