With aerial imagery, insurers can visualise the impact immediately and get straight to work handling claims for their customers. The adoption of location content and location intelligence is becoming very critical, because it automates much of the manual work.
Also, with advances in machine learning and artificial intelligence, it shall become easier to extract useful features cost effectively and efficiently. These features can be things such as flood plains, roofing material, solar panels, distances from identified hazards, etc.
Aerial imagery has been effective over the years in improving loss ratios by accurately pricing premiums and managing risk exposure through accurate geospatial data. Customer claims can be processed more effectively, in turn improving customer satisfaction levels. Employees also benefit by being able to manage incidents on the ground quickly & productively, while also improving the effectiveness of fraud detection.