Augusta Mutual Insurance Company Selects Betterview
Jan 2023
August Mutual Insurance company selects betterview remote property intelligence and risk management platform for aerial imagery and third party data
Jan 2023
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Since this post was originally published, Betterview was acquired by Nearmap. References to Betterview, the company, or its products have been maintained for historical accuracy. Betterview is now the primary solution for the insurance industry at Nearmap.
Augusta Mutual Insurance Company, a Staunton-based mutual insurance company that has provided coverage to Virginians for over 150 years, today announced that they have selected insurtech company Betterview to improve their risk selection and provide them with better insight into real property condition.
Founded in 1870 as the East Augusta Mutual Fire Insurance Company, Augusta Mutual has established a reputation as a reliable provider of coverage for all Virginians. The company also places a strong emphasis on innovation, which led them to the Betterview Property Intelligence & Risk Management Platform.
“The Betterview platform is exactly what we were looking for to improve our oversight on property condition,” says David Johnson, president and chief executive officer at Augusta Mutual. “We need to be able to analyze and manage risk for properties across the state – many of them in isolated rural areas. The Betterview combination of high-quality aerial imagery and computer vision insights allows us to do so without overly relying on in-person inspections. The platform will make our underwriting process easier, faster, and less expensive.”
Betterview, too, is excited about working with Augusta Mutual. “This is just another example of a great insurer becoming even stronger with the help of a property intelligence platform,” says Dave Tobias, co-founder and chief operating officer at Betterview. “The folks at Augusta are committed to doing everything they can to provide maximum value to their members. I am pleased that our platform can help them to further this mission, both by predicting and preventing losses and by reducing expenses.”