pictometry insurance business solution

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Pictometry Online for Insurance™ was created by insurance professionals and for insurance professionals and is rapidly redefining traditional standards of productivity .

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Page 1: Pictometry Insurance Business Solution

Pictometry Online for Insurance™ was created by insurance professionals

and for insurance professionals and is rapidly redefining traditional standards

of productivity.

Page 2: Pictometry Insurance Business Solution

• Pictometry Online uses a continually updated global image library which currently contains more than 120 million images and coverage of 80% of major US markets in all 50 states.

Page 3: Pictometry Insurance Business Solution

How do we do it?

We have a fleet of 52 planes

Page 4: Pictometry Insurance Business Solution
Page 5: Pictometry Insurance Business Solution

Key Terminology

Orthogonal – straight down

Oblique – angled, 3-D like

Community– 5,000 foot altitude– 1 Foot/Pixel Resolution (or higher)– Able to see larger areas

Neighborhood – 2,500 foot altitude– 6 inch/Pixel Resolution (or better)– Higher image resolution

Page 6: Pictometry Insurance Business Solution

Rich, Revealing Detail

High Resolution Oblique (side) Views

6” Resolution

Page 7: Pictometry Insurance Business Solution

Pictometry Measuring

You can measure right on the image for:

• Height• Distance• Area on ground• Bearing/Angle• Pitch/Area on sloped roof• Latitude/Longitude• Elevation/Slope

Page 8: Pictometry Insurance Business Solution

The Pictometry Online competitive advantage

Save money on loss control since you can easily access property information right from your desktop

Obtain accurate, confirmed measurement information in seconds

The insurance market is soft right now

Producers spend less time gathering information for submissions

o Maximizing commission dollars, expedite renewals and retain existing business

Page 9: Pictometry Insurance Business Solution

The Pictometry Online competitive advantage Increase sales by having accurate, predetermined quotes supplemented with high resolution imagery for prospective customers.

Easily share information with internal departments For example, production passes a workspace off to

marketing who can then annotate and extract images / information they want to include with submissions to

underwriting

Page 10: Pictometry Insurance Business Solution

Annotate the imagery highlighting features / aspects of a property that you’d like underwriting to see to supplement a narrative

Annotate on imagery and extract images to add detailed imagery to submissions.

Negotiate for better rates or better tier placement

Help eliminate push back from underwriting – if underwriting is able to see the property and all of it’s features there is a much greater chance for a smoother acceptance and binding process

Page 11: Pictometry Insurance Business Solution

• Instantly locate an address or property and See, Measure and Plan – directly on imagery.

• Users find that for every 15 minutes of use, Pictometry Online can save up to 5 hours in the field, not including associated time and travel costs.

• Reduce windshield time by 70% while finding up to 50% of property application information at your fingertips.

• Calculate Insurance to Value and replacement costs with confidence.

Page 12: Pictometry Insurance Business Solution

ACORD Forms

• Building Description• Number of open sides on the Structure• Construction Type• Distance to Fire Hydrant• Distance to Fire Station• Number of Stories• Total Area• Roof Type• Distance to exposures on all sides• Building Improvements using historical images• Brush Exposure• Distance to shoreline or water

Page 13: Pictometry Insurance Business Solution

• Know Before You Go. Measure the savings, with Pictometry Online