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Nearmap Introduces Innovative 'Portfolio Intelligence' Solution for Insurers

In an era where data-driven decisions shape the insurance landscape, Nearmap has set a new standard with the launch of its latest offering, Portfolio Intelligence. This innovative AI-powered solution provides insurance carriers the ability to transcend traditional methods of assessing individual properties, instead offering insights that cover entire portfolios.

Transforming Insurance Insights

Launched on March 18, 2025, in Salt Lake City, Portfolio Intelligence leverages AI technology to simplify the evaluation of risks across portfolios. With the click of a button, insurers can visualize and assess risk distribution, identify performance metrics, and pinpoint untouched market opportunities—facilitating a more robust approach to risk management that is both comprehensive and efficient.

Gone are the days of labor-intensive data aggregation from various sources to obtain a complete picture of portfolio health. The Portfolio Intelligence solution integrates seamlessly into the Betterview platform, utilizing up-to-date aerial imagery and AI-driven risk detection scores to offer enhanced visibility into risk distributions and portfolio quality.

Key Features and Benefits

1. Enhanced Operational Efficiency: Insurance companies can now detect and address accumulated risks in high-concentration zones quickly. For instance, if a cluster of properties showcases deteriorating roof conditions, insurers can swiftly identify these areas and address them effectively.

2. Reduced Loss Exposure: Insurers can filter and analyze properties based on critical attributes, such as roof conditions and risk flags. This proactive approach allows companies to manage potential liabilities more effectively.

3. Informed Decision-Making: By having access to real-time insights, insurers can refine their underwriting strategies and enhance agent performance. This ability to act quickly and accurately enables firms to optimize operations significantly.

4. Identifying New Market Opportunities: With better visibility into portfolio performance by agency or region, insurers can formulate action plans that capitalize on previously unrecognized growth potential.

A Shift in Approach

David Tobias, General Manager of Insurance at Nearmap, highlighted the crucial shift in the industry standard. “For too long, insurers have been forced to manage risk property by property, making it difficult to scale and optimize portfolio performance,” he stated. Portfolio Intelligence dissolves this challenge by offering a clear view of portfolio health which allows underwriters to act proactively rather than reactively.

Commitment to Innovation

Nearmap’s commitment extends beyond simply improving efficiency. This new tool empowers insurers to adopt a strategic form of portfolio management that anticipates rather than just responds to risks. The deployment of Portfolio Intelligence signifies a pivotal advancement not only for Nearmap but for the insurance industry at large, heralding a future of increased profitability and reduced losses.

About Nearmap

Nearmap is renowned as a trusted provider of location intelligence, delivering high-resolution imagery and insightful data solutions to various sectors, including insurance. The integration of the Betterview and ImpactResponse platforms showcases near real-time capabilities coupled with AI and computer vision technologies, ensuring that policy lifecycle management is seamless and accurate.

For more in-depth knowledge about how Portfolio Intelligence can assist your business, visit Nearmap's official website.