HomePlan NZ Ltd are an official sponsor and will be exhibiting at Insurance Business TechFest event to be held 19 November 2019 at the Hilton Auckland.
In advance of this event, this article discusses and provides real world examples of the use of HomePlan’s 3D photography and virtual walkthrough technology platform, Matterport, in the insurance industry for homes, businesses and contents.
In June 2019 EMC Insurance Companies, a leading commercial property and casualty insurer, announced it has partnered with Matterport to use 3D reality capture on commercial properties for loss control and claims management. EMC is the first property insurer to fully deploy Matterport’s technology for commercial claims in order to drive efficiency and maintain its strong brand of customer satisfaction. Read the full press release here.
A Matterport (and therefore HomePlan) 3D virtual walkthrough is able to capture any loss in its entirety, including its exact dimensions – with no ability to alter images or measurements.
This means less time spent sketching, photographing and arguing over line items and more time spent estimating, adjusting, repairing and ultimately – getting a policyholder’s life back in order.
It is an unbiased source of truth to reality at a certain point in time. Every scan is time-stamped, there is no ability to alter photos, and dimensions are accurate within 1%.
A potential misconception is that when you commission a HomePlan 3D virtual walkthrough, that’s all you get.
Not so – you can extract key information to use independent of the walkthrough experience:
Though every insurance company will have its own constraints, as a whole adopting 3D photography as they are now doing in the USA is not geographically limited.
Every now and then something comes along that revolutionizes how we think, work and play. We created HomePlan NZ because we objectively and passionately believe in the wide and positive impact that the 3D digital capture of residential, commercial and heritage properties using the Matterport platform will have on the lives of New Zealanders.
Imagine how much we could have helped reduce stress and supported the EQC and insurance claims process following the Christchurch earthquakes, if homeowners had a HomePlan 3D virtual walkthrough of their properties before, and if it had been used during the claims and rebuild process.
On an average sized Kiwi home, a HomePlan 3D virtual walkthrough can be created in 1-2 hours and available within 24 hours. It can be held securely, and then accessed from any device without any specialist software. There is no big ICT system that needs to be adopted, no hefty ongoing subscription fees (only a minor hosting fee) and definitely no “per user” fees.
All I’m asking New Zealand is that insurance companies have a look. Then come and have a chat. Contact us any time, else the HomePlan NZ team will see you at Insurance Business TechFest on 19 November 2019, at the Hilton Auckland.