Reinsurance News

Betterview expands imagery coverage with Near Space partnership

16th October 2023 - Author: Kassandra Jimenez-Sanchez

Insurtech Betterview has partnered with Near Space Labs, a cutting-edge Earth imagery and geospatial data company, for expanded imagery coverage.

BetterviewAccording to the announcement, integrating imagery from Near Space Labs into the Betterview Property Intelligence Platform will enable insurers to enhance the recency, frequency, and geographical coverage of property intelligence in underserved areas.

Betterview is continuing to expand its imagery capabilities, and incorporate a range of collection methodologies, as it is aware of the insurers need for multiple sources of property imagery for different use cases.

Armin Monajemi, Vice President of Strategic Partnerships at Betterview, said: “We were very impressed with what Near Space Labs had to offer. Their imagery, captured by a revolutionary nimble fleet of autonomous high-altitude robots, gives us an in-depth look at areas of the country that have historically been hard to access, ensuring our customers always have the imagery they need.

“The two companies really see eye-to-eye, partly because of our startup background, and also because we share a mission: to reveal a complete picture of property risk.”

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Near Space Labs also acknowledges the advantages the integration creates for Betterview customers. Matthew Tucker, Vice President of Sales at Near Space Labs, commented: “Our imagery is refreshed every 90 days, giving insurers unbeatable recency.

“And if they need us to fly over a specific location to capture additional images, we’ve got them covered. Together, Betterview and Near Space Labs are improving insurers’ overall view of risk by removing blind spots from underwriting and claims.”

Betterview customers can access imagery from Near Space Labs through Partner Connect in the Property Intelligence Platform.

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