Augusta Mutual Insurance Company Selects Betterview

The 150-year-old Virginian insurer sought a way to better analyze and manage risk for properties across the state, often in isolated rural areas.

(Image credit: Chris Chow/Unsplash.)

Augusta Mutual Insurance Company (Staunton, Va.), a mutual insurance company that has provided coverage to Virginians for over 150 years, announced that it has selected Betterview to improve its risk selection and provide them with better insight into real property condition. The company also places a strong emphasis on innovation, which led them to the Betterview Property Intelligence & Risk Management Platform, according to a joint statement from the carrier and vendor.

“The Betterview platform is exactly what we were looking for to improve our oversight on property condition,” says David Johnson, president and CEO, Augusta Mutual. “We need to be able to analyze and manage risk for properties across the state—many of them in isolated rural areas. The Betterview combination of high-quality aerial imagery and computer vision insights allows us to do so without overly relying on in-person inspections. The platform will make our underwriting process easier, faster, and less expensive.”

This is just another example of a great insurer becoming even stronger with the help of a property intelligence platform,” comments David Tobias, co-founder and chief operating officer at Betterview. “The folks at Augusta are committed to doing everything they can to provide maximum value to their members. I am pleased that our platform can help them to further this mission, both by predicting and preventing losses and by reducing expenses.”

Betterview Partners with AI-Powered Virtual Inspection Software Plnar

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

Leave a Comment

(required)