(Image source: SECURA homepage.)
SECURA Insurance (Neenah, Wis.) has selected Betterview’s (San Francisco) Property Intelligence Platform to strengthen internal risk mitigation capabilities as applicable for new business and renewals, according to a vendor statement.
SECURA, founded in 1900, provides coverages for businesses, homes and autos, farms, agribusinesses, and non-profits in 13 states. Conscious of swift competition, market pressures, and the need to create a top-quality customer experience, SECURA is constantly evaluating processes and implementing new technologies, the Betterview statement says. In an effort to continue to improve efficiency, speed-to-market, and profitability SECURA selected the Betterview Platform, according to the vendor.
“The flexibility of the Betterview Platform allows us to flag specific properties that need the most attention based on business rules that we establish ourselves,” comments Marty Arnold, SVP and Chief Underwriting Officer, SECURA. “It gives us the ability to take action on properties that need it—be that an inspection, or maybe a premium adjustment—while fast tracking solid risks. It really puts the power in the hands of our underwriters, saving them time and helping them manage bad risks that were previously undetectable.”
More Trusting, Transparent Relationship
Betterview describes its Property Intelligence Platform as providing property/casualty insurers with actionable insights based on a combination of geospatial imagery, computer vision models, and trusted third-party data from the company’s vendor marketplace, PartnerHub. The tools embedded in the Betterview Platform, including the recently-announced Defensible Space tool, help insurers, such as SECURA, predict and prevent losses, streamline underwriter efficiency, and better engage with customers, the vendor says.
“SECURA’s mission is to make insurance genuine, and that’s something that really resonates with us,” comments Neil Weiss, sales director, Betterview. “We believe that the insurance industry thrives on genuine connections between insurers, agents, underwriters, and the insured. If our technology can help SECURA build a more trusting, transparent relationship between those stakeholders—and even to predict and prevent major losses—then we will have done our job.”