Asian Surveying & Mapping
Breaking News
Singapore unveils road map to help develop international business standards and conformance
Singapore has unveiled plans to help develop international standards...
Adelaide University to run space and defence venture launchpad ahead of Australian Space Forum
Adelaide University’s Innovation & Collaboration Centre (ICC) will deliver...
Japan’s H3 rocket returns to space with successful launch after December setback
Japan’s flagship H3 rocket has returned to flight six...
KONGSBERG accelerates seabed mapping developments with Ocean Exploration Trust expedition aboard Exploration Vessel Nautilus
KONGSBERG and the Ocean Exploration Trust (OET) are set...
Russian satellites linked to mysterious GPS disruptions across several countries
Since 2019, GPS signals across Europe, Greenland and Canada...
Isro’s Bahubali LVM3 that launched Chandrayaan-3 to be handed to private sector
IN-SPACe has invited Indian companies to take over the...
India to host 13th UN Global Geospatial Information Management Asia-Pacific Conference
India is hosting the 13th United Nations Global Geospatial...
Unseenlabs’ BRO-22 to Become the First Foreign Private Satellite Launched Aboard Japan’s H3 Launch Vehicle
Scheduled for June 10, between 09:53 and 11:52 a.m....
PLD Space increases investment in its Launch Complex at the Guiana Space Centre (CSG) to €35M, strengthening Europe’s sovereign space infrastructure
The investment is expected to generate approximately €21 million...
India seeks Singapore capital to fuel its ambitious private space sector
India aims to grow its space economy to US$44...
  • Jul 11, 2019
  • Comments Off on Geospatial Intelligence Center and Esri Team Up to Introduce New Tool that Enhances Remote Property Assessments for Insurers
  • Corporate, News
  • 552 Views

July 11th, 2019
Geospatial Intelligence Center and Esri Team Up to Introduce New Tool that Enhances Remote Property Assessments for Insurers

San Diego, Calif. At the 2019 Esri User Conference, the Geospatial Intelligence Center (GIC), an insurance industry consortium spearheaded by the National Insurance Crime Bureau (NICB), and Esri today introduce Virtual Inspection Studio (VIS). A new tool available exclusively to GIC members, the VIS now enables insurers to enhance remote property assessments by utilizing ultra-high-resolution aerial imagery.

United States Automobile Association (USAA), showed their use of VIS during the plenary session at Esri’s User Conference on Monday, demonstrating how it proved instrumental in quickly assessing damage and settling claims quickly to help members get back on their feet after the 2018 California wildfires.

The GIC provides its members with advanced imagery and data to enhance the underwriting assessment process as well as to expedite claims and improve fraud detection following disasters. With the introduction of VIS, its members now have access to 360-degree views of properties as well as accurate measuring tools for distance and area calculations.

VIS allows a virtual inspector to capture unique attributes such as roof size and type, deck and pool size, exterior type, and tree hazards. This enables inspectors the ability to measure the size of roof damage after a catastrophe to assist in claims processing, or the solar panel square footage for underwriting. A split-screen “before and after” imagery viewer shows a property prior to disaster damage, as well as conditions immediately after. Additionally, a data import capability makes it easy to visualize many locations at once, a valuable tool in quickly ascertaining where liability is greatest after a catastrophe.

“The GIC’s goal is to arm insurers with the most advanced data and imagery available to make rapid and accurate property catastrophe assessments in order to expedite claims settlements for clients when they need it most,” said Ryan Bank, managing director, GIC. “We are proud to partner with Esri to bring the Virtual Inspection Studio to insurers like USAA, adding another invaluable tool to their toolbox to help members thrive.”

The VIS can be used as a web-hosted application, or deployed in-house for tight integration with corporate data storage behind an insurer’s firewall. Reports can be exported to PDF with data saved directly to the internal customer policy database.

The Geospatial Intelligence Center is demonstrating its aerial image solution today, July 9 – Thursday, July 11 at the Esri User Conference Expo, booth number 119, San Diego Convention Center. To learn more, visit geointel.org.

About Geospatial Intelligence Center
The Geospatial Intelligence Center’s mission is to provide the most comprehensive, precise, and up-to-date geospatial information to insurers. This insurance industry consortium delivers geospatial imagery and analytics, leading to more informed underwriting, better claims decisions, reducing fraud and delivering faster catastrophe response. To learn more visit geointel.org.