How VIEWAPP digital inspections are changing the risk assessment process in property insurance

Many insurance companies today are facing serious challenges in the risk assessment process. Growing transaction volumes, stricter requirements fr om reinsurers and a lack of reliable information about the insured objects are increasing the pressure on underwriters. In many cases, property valuations are still based on outdated or subjective data, increasing the risk of loss and hampering efficient operations.

Against this backdrop, modern digital solutions such as VIEWAPP are growing in importance. The digital survey platform provides insurers with visually validated property data in a standardised and secure format. This helps to significantly improve the quality of information for risk assessment, reduce the risk of errors and minimise instances of falsification.

VIEWAPP can inspect facilities of any complexity, fr om small buildings to large infrastructure. To speed up complex inspections, it is possible to assign inspections to multiple inspectors at the same time. For example, a single factory can be inspected in parallel by different inspectors: one inspects the ground floor, another the production line, and a third the warehouses. All data is then combined into a single digital inspection report.

By controlling metadata, authenticating materials, and confirming when and wh ere the footage was taken, digital inspections provide a new level of transparency. This is especially important in an environment wh ere the market is demanding more and more openness and validation of data.

Some of the key benefits of digital inspections include:

• Increased trust: verified data builds trust with both clients and reinsurers.
• Speed and scalability: the ability to quickly organise inspections of large volumes of property without loss of quality.
• Flexibility for complex properties: assigning tasks to multiple inspectors speeds up the process and increases the accuracy of the final report.
• Reduced reliance on human error: standardised digital processes compensate for the lack of qualified staff and ensure a consistent level of assessment quality.

The digitalisation of risk assessment through solutions like VIEWAPP is becoming an important part of the development of a sustainable insurance business. It helps companies not only to improve underwriting accuracy, but also to adapt to new market requirements, reduce losses and strengthen their competitive position.