From the Wires
New Property Visualization Technology Increases Risk Assessment Accuracy at Point of Sale
Marshall & Swift/Boeckh and Pictometry International Corp. Partner to Bring Aerial Oblique Imagery to More Insurers
By: PR Newswire
Nov. 28, 2012 11:13 AM
MILWAUKEE, Nov. 28, 2012 /PRNewswire/ -- Marshall & Swift/Boeckh ("MSB"), the leading worldwide provider of building cost data and estimating technology to the property insurance industry and Pictometry International Corp., the leading provider of data-rich aerial imagery, analytics, integrations and reports, announced today that they are partnering to bring the industry's leading professional-grade Risk Visualization capability to RCT Express, enhancing accuracy of risk assessment capabilities at policy creation for insurers.
With this innovative solution, MSB and Pictometry will give insurers the ability to perform a detailed visual inspection of a property within their policy quote workflow, including 360 degree viewing of the structure and its surroundings. Thanks to Pictometry's patented process for delivering aerial imagery at an oblique angle, properties can be viewed from a more natural and intuitive perspective than is possible via satellite or other aerial capture processes. The seamless integration within the RCT Express platform provides users with the view of the property and surrounding neighborhood that enables them to collect and verify more accurate property characteristics and identify potential exposures without having to leave their workflow, allowing them to provide more efficient and effective customer experience.
"Our decision to partner with MSB, the leader in their segment, is in perfect alignment with our strategy of integrating our imagery and tools within a workflow that insurance professionals are already accustomed to using." said Jim Smyth, Pictometry's Chief Marketing Officer. "Bringing two innovative products together to enable a more accurate and effective policy quote and issuance process will make a significant difference in helping insurance organizations, with customer service being the number one advantage."
About Marshall & Swift/Boeckh (MSB)
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SOURCE Marshall & Swift/Boeckh
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