Orion180, an insurance solutions provider, has partnered with Nearmap to utilise its aerial imagery to improve its risk selection and streamline the underwriting process.
Orion180 leverages advanced technology to serve independent insurance agents and homeowners in the Southeastern United States.
Nearmap provides easy, instant access to high resolution aerial imagery, city-scale 3D content, AI data sets, and geospatial tools.
Using its own patented camera systems and processing software, Nearmap captures wide-scale urban areas in the United States, Canada, Australia, and New Zealand several times each year.
Orion180 is a fast-growing insurance solutions provider offering a combination of proprietary technology and customer-centric human interactions, simplifying the insurance buying process.
To continue improving on their underwriting process, property data and custom-score modelling, Orion180 said it needed a partner that could offer high quality imagery, frequently updated data, and AI derived analytics.
Their new partner also needed to offer ease of doing business and superior support. After a selection process, they chose Nearmap as their new imagery data intelligence provider. The integration between the two partners will be delivered through a customised API.
Ken Gregg, founder & CEO, said, “We are truly proud of this new partnership. Innovation is a key pillar of Orion180 that makes up the backbone of our organisation. Enhancing our underwriting process with the technology from Nearmap is key to the continued scaling of our products and optimising the profile of our book.
“Nearmap empowers our underwriting and claims teams with extremely accurate aerial technology, enabling us to effectively analyse every risk. We can determine with precision if the attributes of a property truly meet our underwriting guidelines.”
In July 2022, Betterview, an InsurTech provider of actionable intelligence to property and casualty (P&C) insurance companies partnered with Nearmap to improve insurers’ response times in crises.
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