Introducing Portfolio Intelligence by Nearmap
Nearmap, a leading provider of property intelligence solutions, has unveiled Portfolio Intelligence, an innovative AI-powered tool designed to enhance the capabilities of insurance companies in evaluating entire property portfolios.
The primary goal of this new offering is to deliver detailed intelligence that enables insurers to visualize and assess risk distribution, thereby improving the resilience of their portfolios. It also allows them to evaluate portfolio performance based on specific criteria such as agency or region, and to uncover new market opportunities.
Features and Benefits
- Comprehensive Intelligence: Available through the Betterview platform, Portfolio Intelligence integrates AI-driven risk assessments and scoring using the latest aerial imagery.
- Operational Efficiency: Insurers can identify and address areas with accumulated risks, facilitating a more efficient management process by focusing on individual properties within the portfolio.
- Risk Reduction: By filtering and analyzing properties against critical criteria, insurers can make faster, informed decisions to enhance underwriting strategies and boost agent performance.
- Proactive Management: This solution encourages insurers to adopt a strategic approach, transitioning from reactive to proactive decision-making processes.
Expert Insights
David Tobias, General Manager of Insurance at Nearmap, remarked, “For too long, insurers have been constrained to managing risk on a per-property basis, which complicates scaling and optimizing portfolio performance. Portfolio Intelligence transforms this approach by delivering AI-enhanced property insights at the portfolio level, providing a clear and immediate understanding of risk distribution and overall portfolio health—without the delays associated with manual analysis.”
He further noted, “The key advantage lies in enabling insurers to take proactive measures based on these insights, which leads to improved underwriting efficiency, minimized losses, and the discovery of new growth opportunities.”
