Reinsurance News
Betterview
Aerial imagery solutions provider Nearmap to acquire Betterview
6th December 2023
Location intelligence and aerial imagery solutions provider, Nearmap has reached an agreement to acquire Betterview, the property intelligence and risk management platform, which the former says reinforces the its position as a leading source of imagery intelligence, data and solutions. The completion of the acquisition is subject to customary closing conditions, ... Read the full article
Betterview expands imagery coverage with Near Space partnership
16th October 2023
Insurtech Betterview has partnered with Near Space Labs, a cutting-edge Earth imagery and geospatial data company, for expanded imagery coverage. According 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 ... Read the full article
Betterview to integrate EagleView’s aerial imagery into property intelligence platform
26th July 2023
Insurtech Betterview has announced that EagleView's high-resolution aerial imagery will be integrated into its property intelligence platform to help insurers "better understand a customer’s total property risk by providing broader, data-driven intelligence for both underwriters and claims professionals." Piers Dormeyer, CEO of EagleView, commented, “EagleView chose to join forces with Betterview ... Read the full article
Centauri Insurance announces partnership with Betterview
20th July 2023
Centauri Insurance, a provider of property and casualty insurance products, has partnered with insurtech company Betterview, for proactive storm risk management. According to the announcement, this collaboration will increase efficiency and oversight in new business underwriting and renewal workflows, while empowering a proactive approach to storm risk management. Centauri provides its P&C ... Read the full article
Betterview partners with Carpe Data to enhance P&C platform
13th March 2023
Insurtech Betterview and Carpe Data have partnered to provide business occupancy data to P&C insurers. Founded in 2016, Carpe Data is an online data provider focused on utilising alternative and emerging data for insurance carriers to maximise efficiency across the claims policy lifecycle. Betterview will leverage Carpe Data’s Minerva solution, which provides ... Read the full article
Insurtech Betterview raises new funding round
30th January 2023
Betterview, an insurtech company that allows insurers to identify and manage real property risk, has announced it has completed a new round of funding of undisclosed amount. Backers included existing investors EMC Insurance, Guidewire Software, Nationwide, MaidenRE, and ManchesterStory. The company intends to use the funds to continue its growth, support the ... Read the full article
Betterview to provide wildfire insights through engagement with NFPA
10th August 2022
Insurtech provider Betterview has teamed up with the National Fire Protection Association (NFPA) to provide property and community-level wildfire insights. NFPA is a non-profit organisation that is devoted to eliminating death, injury, property, and economic loss due to fire, electrical, and related hazards. The company is focused on helping insurers in ... Read the full article
Betterview launches new property-level analytics tool
11th July 2022
Insurtech provider Betterview has announced the launching of a new Catastrophe Response System (CAT-RS) which will help improve their catastrophe response approach and optimise the efficiency of claims processes. According to the firm, this new system will help to solve many of the greatest challenges insurers face when responding to natural ... Read the full article
Betterview augments platform with Hurricane Risk Insights
27th June 2022
Betterview is adding Hurricane Risk Insights to its platform. The firm said it was adding new peril-specific insights to its Betterview Platform to help insurers and policyholders better gauge risk and protect against potential damage. David Tobias, co-founder and COO at Betterview, said: “Faced with the potential of devastating losses, many insurers ... Read the full article
Conifer Insurance to leverage Betterview’s property data & analytics tech
6th February 2019
Under a new partnership, InsurTech and drone start-up Betterview is to provide property data and analytics to Conifer Insurance Company's commercial lines underwriting team, assisting in the underwriting evaluation process. Property Profile was launched in August 2018 and leverages artificial intelligence (AI) to analyse both manned aircraft and satellite imagery of ... Read the full article
Plug and Play invests in drone Insurtech firm Betterview
21st November 2018
Plug and Play, a Silicon Valley-based innovation platform and venture fund that specialises in the development of early-to-growth stage technology startups, has revealed plans to invest in Betterview, an InsurTech and drone start-up firm backed by Munich Re and Maiden Re. Betterview said that it plans to use the funding to ... Read the full article
Drone InsurTech firm Betterview develops new AI driven roof analysis product
1st August 2018
Betterview, an insurance technology and drone start-up firm that is backed by Munich Re and Maiden Re, has launched a new product that uses artificial intelligence (AI) to analyse the characteristics and risks of a property and its roof, called Property Profile. Property Profile uses satellite imagery and historical weather data ... Read the full article
Munich Re partners with insurtech Betterview for drone imagery, analysis, reporting
18th January 2018
Global reinsurance player Munich Re has entered into a partnership with insurance technology and drone start-up Betterview, that will see the Munich Reinsurance America, Inc. unit offering drone imagery, analysis and reporting to its insurance company clients. Munich Re will refer any of its insurance company clients that might benefit from ... Read the full article
Betterview clients able to assess historical weather data via Understory partnership
10th October 2017
InsurTech drone start-up, Betterview, has announced that it will integrate Understory, Inc.'s historical weather data into its UAV software platform. Insurance and reinsurance companies use Betterview's software and services to analyse data for buildings and properties, via drone technology. By integrating Understory's historical weather data into its UAV software, Betterview's clients will ... Read the full article
Maiden Re invests in InsurTech drone start-up, Betterview
7th September 2017
Reinsurer Maiden Re has announced an investment in InsurTech drone start-up, Betterview, which has now closed a $2.05 million Series Seed round. The latest capital raise takes Betterview's total funding to $3.65 million, and was led by Compound Venture Capital, and included investments from Maiden Re, 645 Ventures, Arab Angel, Winklevoss ... Read the full article
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