Pictometry Insurance Business Solution


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Pictometry Insurance Business Solution

  1. 1. Pictometry Online for Insurance™ was created by insurance professionals and for insurance professionals and is rapidly redefining traditional standards of productivity .
  2. 2. <ul><li>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. </li></ul>
  3. 3. How do we do it? We have a fleet of 52 planes
  4. 5. Key Terminology <ul><li>Orthogonal – straight down </li></ul><ul><li>Oblique – angled, 3-D like </li></ul><ul><li>Community </li></ul><ul><ul><li>5,000 foot altitude </li></ul></ul><ul><ul><li>1 Foot/Pixel Resolution (or higher) </li></ul></ul><ul><ul><li>Able to see larger areas </li></ul></ul><ul><li>Neighborhood </li></ul><ul><ul><li>2,500 foot altitude </li></ul></ul><ul><ul><li>6 inch/Pixel Resolution (or better) </li></ul></ul><ul><ul><li>Higher image resolution </li></ul></ul>
  5. 6. Rich, Revealing Detail <ul><li>High Resolution Oblique (side) Views </li></ul>6” Resolution
  6. 7. Pictometry Measuring You can measure right on the image for: <ul><li>Height </li></ul><ul><li>Distance </li></ul><ul><li>Area on ground </li></ul><ul><li>Bearing/Angle </li></ul><ul><li>Pitch/Area on sloped roof </li></ul><ul><li>Latitude/Longitude </li></ul><ul><li>Elevation/Slope </li></ul>
  7. 8. <ul><li>The Pictometry Online competitive advantage </li></ul><ul><li>Save money on loss control since you can easily access property information right from your desktop </li></ul><ul><li>Obtain accurate, confirmed measurement information in seconds </li></ul><ul><li>The insurance market is soft right now </li></ul><ul><li>Producers spend less time gathering information for submissions </li></ul><ul><ul><ul><li>Maximizing commission dollars, expedite renewals and retain existing business </li></ul></ul></ul>
  8. 9. <ul><li>The Pictometry Online competitive advantage </li></ul><ul><li>Increase sales by having accurate, predetermined quotes supplemented with high resolution imagery for prospective customers. </li></ul><ul><li>Easily share information with internal departments </li></ul><ul><ul><li>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 </li></ul></ul>
  9. 10. 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
  10. 11. <ul><li>Instantly locate an address or property and See, Measure and Plan – directly on imagery. </li></ul><ul><li>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. </li></ul><ul><li>Reduce windshield time by 70% while finding up to 50% of property application information at your fingertips. </li></ul><ul><li>Calculate Insurance to Value and replacement costs with confidence. </li></ul>
  11. 12. ACORD Forms <ul><li>Building Description </li></ul><ul><li>Number of open sides on the Structure </li></ul><ul><li>Construction Type </li></ul><ul><li>Distance to Fire Hydrant </li></ul><ul><li>Distance to Fire Station </li></ul><ul><li>Number of Stories </li></ul><ul><li>Total Area </li></ul><ul><li>Roof Type </li></ul><ul><li>Distance to exposures on all sides </li></ul><ul><li>Building Improvements using historical images </li></ul><ul><li>Brush Exposure </li></ul><ul><li>Distance to shoreline or water </li></ul>
  12. 13. <ul><li>Know Before You Go. Measure the savings, with Pictometry Online </li></ul>