Betterview
Get a holistic, actionable view of real property risk with Betterview. Predict and prevent losses, streamline underwriting efficiency, and build a more transparent customer experience.
Betterview is the Property Intelligence & Risk Platform that leading P&C insurance companies depend on to identify and mitigate risk, improve operational and inspection efficiency, and build a more transparent customer experience throughout the policy life cycle. By empowering insurers to automate pricing, underwriting, and renewal while focusing strategic action on critical properties, Betterview is transforming the insurance industry from Repair and Replace to Predict and Prevent.
See Betterview’s Anywhere Enabled Integration in our Content Exchange
Learn more on the Betterview website
Betterview Model Performance
Betterview Overview
Duck Creek Welcomes Betterview as New Ecosystem Partner Offering Risk Mitigation and Loss Control Solutions for P&C Insurers
Advantages
- Holistic – Betterview uses a unique combination of public, private, and commercial data, along with our own computer vision models and predictive data analytics, to give you a complete view of real property risk.
- Actionable – The Betterview Platform excels at transforming property intelligence into immediate, strategic policy action. Our insights are designed to optimize inspections, clarify pricing, and improve underwriting efficiency.
- Transparent – We believe in total transparency. That’s why our model performance is shared publicly, and our classifiers are labeled so stakeholders know why policy decisions are made based on real, visible risk drivers. There are no black boxes at Betterview.
Features
- Analyze Risk
Betterview’s proprietary computer vision models look at imagery of properties and spotlights areas of interest. This technology not only identifies and quantifies key characteristics and risks, but also allows people to see them. Betterview empowers transparency. - Score Risk
Betterview’s risk scoring models are based on correlations between the computer vision outputs and an extensive proprietary database of historical loss data. These easy-to-understand scores allow insurance companies to quickly evaluate risk exposure, quickly assess the most at-risk properties that need attention, and reduce dependency on slow and expensive on-site inspections. - Manage Risk
Betterview’s customers define underwriting rules based on data combinations that fit their organization’s specific needs. Low risk properties can be straight-through-processed while riskier ones are flagged so that the risk can be avoided, rated, or mitigated. - PartnerHub
Easily access private, public, and commercial data within the Betterview platform. PartnerHub strengthens the platform’s native insights by allowing flagging and monitoring of third-party property intelligence from leading geospatial data sources the industry knows and trusts.
Expertise
- Loss Control – Betterview was founded by insurance industry veterans who knew that insurers needed a better way to predict and prevent losses. That’s why our platform features a transparent view of roof and property conditions, showing how each attribute can lead to increased risk. We want to empower underwriters and agents to be insurance heroes, and that means giving them the tools they need to mitigate risk.
- Empowering Action – We believe in transforming property intelligence into real, actionable insights; that’s why 86% of Betterview users take action directly after viewing our platform, from flagging high-risk properties to adjusting premiums, to sending inspection teams, to notifying the insured of risk mitigation actions they can take.
- Collaboration – One of our mottoes at Betterview is “Better Together,” and nowhere is that more evident than in our PartnerHub, featuring property intelligence from some of the most trusted brands in the industry, such as e2Value, HazardHub, Canopy Weather, and more. Combined with public and private data sources, PartnerHub enriches Betterview’s native insights to give insurers an even clearer, more actionable view of real property risk.