Leading imagery intelligence provider strengthens and complements insurance solution with acquisition
SALT LAKE CITY, Dec. 6, 2023 /PRNewswire/ — Nearmap, one of the world’s largest location intelligence and aerial imagery solutions providers, has signed an agreement to acquire Betterview, a leading property intelligence and risk management platform in the insurance industry.
Founded in Australia in 2007, Nearmap expanded operations into the U.S. in 2014 to help companies better visualize the truth on the ground to make more informed business decisions. Today’s announcement marks a significant milestone in the advancement of the Nearmap global growth strategy. This will reinforce the company’s position as a leading source of imagery intelligence, data and solutions, and expand and complement its expertise and capabilities for insurance customers and partners.
“The Nearmap acquisition of Betterview is transformative for the industry,” said Andy Watt, CEO of Nearmap. “Integrating the Betterview platform and AI solutions into the Nearmap technology stack will enable better visualization of the truth on the ground with a richer, more powerful set of AI capabilities that combine the best of both…
