(Image source: Betterview homepage.)
Betterview, a San Francisco-based provider of a technology platform for drone- and data-based building and property inspections, has announced it has added building permit information to its Property Profile platform. The information is now available for commercial and residential buildings throughout the United States.
Betterview describes Property Profile as combining traditional data sources such as building permits, with new data sources generated by AI, to provide insights into the inside and outside of commercial and residential buildings and properties. Property/casualty insurers can now assess roof condition, roof characteristics, and property hazards quickly and easily, according to the vendor.
“We are extremely proud to announce our latest Property Profile update,” comments Dave Tobias, Co-Founder & COO, Betterview. “Over the last several months, we have added natural hazard data, historical weather, assessor’s information, historical imagery, and now permit data. One of the benefits of aggregating all of this data is that while you may be able to gain some insights from each source individually, when you combine them, they start to tell you a story about the inside and outside of a building.”
Property Profile’s risk scoring is based on proprietary data and algorithms that Betterview has developed through what it characterizes as extensive property inspection experience and customer feedback. With the newly added permit information within each Property Profile report, the vendor says users will be able to scroll down and view permit information, including the following:
- Permit history and timeline
- Roof updates
- Yearly fire inspections
- Plumbing & electrical updates
“Currently, P&C insurers are facing a disruptive force from venture funded insurance startups who see an opportunity to improve the user experience,” explains David Lyman, CEO & Co-Founder, Betterview. “These companies are leveraging hundreds of data sources to streamline operations, enhance customer experience and improve decision making. Right now, established P&C insurers are faced with two choices: embrace the current ripple of disruption like traditional banks did with online banking or avoid it all together until it becomes a tsunami. With Betterview’s out-of-the-box building and property data and analytics, P&C insurers of all sizes can now play on a level playing field without the need for a big IT investment.”
Betterview says its roof scores, roof characteristics, and property information may be accessed via API or through the vendor’s platform by typing in an address or uploading an Excel spreadsheet or CSV file.
For a limited time, Betterview says it is offering a complimentary proof of concept program that includes ROI analysis and an implementation guide, which provides specific recommendations users may take based on their results.