Nearmap

Nearmap delivers high-resolution aerial imagery as a service to businesses across the world, powered by industry-leading geospatial mapping technology. Using its own patented camera systems and processing software, Nearmap captures wide-scale urban areas in the U.S., Canada, Australia, and New Zealand multiple times a year, providing fresh content instantly available in the cloud via web app or API integration.

Every day, Nearmap helps thousands of users conduct virtual site visits for deep, data-driven insights — enabling informed decisions, streamlined operations, and robust bottom lines. Founded in Australia in 2007, Nearmap is one of the 10 largest aerial survey companies in the world by annual data collection volume and is publicly listed in the ASX 200.

How It Works

Nearmap provides real location intelligence in the form of 3D content, vertical, oblique, and panorama aerial imagery. Integrating aerial data into a scalable and powerful ecosystem such as CoreLogic means you get geospatial intelligence unlike any other. Nearmap helps you see better than sub 3” GSD, much clearer than satellite imagery, giving you unrivaled clarity, precision, and detail. Perform deep location analysis and make decisions with confidence, using detailed and up-to-date visual data.

For the Insurance Carrier, We Deliver:

  • Coverage: high availability, recency, and a rich history of residential and commercial imagery and intelligence on parcels to support pricing, underwriting and claims
  • Currency: up-to-date imagery captured 1-3 times per year, covering over 855,000 square kilometers, 73% of the U.S. population, 73 million residential parcels and 3.3 million commercial parcels
  • Clarity: all imagery provided at sub 3-inch (5.8cm-7.5cm) resolution—high definition is critical for visual inspection and to identify key property characteristics
  • Change: a richest library of consistent historical imagery to allow for ‘before/after’ analysis dating back to 2014
  • Confidence: you can rely on an enterprise grade company whose robust applications and API’s deliver a seamless, rich supply of imagery and derived ground truth through CoreLogic applications for problem solving, decision making and workflow efficiency

Why Should Clients Care (Benefits):

High-resolution imagery with historical captures provides rich data you can leverage through the CoreLogic platform. This data helps insurance carriers make more informed decisions during the underwriting and claims review process.

These are extraordinary times for the insurance industry. Catastrophe, traditional competition and disease all serve as pressure points and loud calls to innovate and improve. In the Property and Casualty market, the opportunity to win customers and expand customer loyalty, all while doing things better, faster and less expensive is a continual challenge. As an example, today insurance carriers generally remain reliant on manual processing and face-to-face interaction. Through the combination of property intelligence and aerial imagery from Nearmap and innovative technology and data from CoreLogic, together we provide carriers with impressive capabilities. Notably, we can jointly move carriers to informed virtual interactions to meet the challenge.