Online Photos Would Help Determine Risk.The next breakthrough for Internet-based insurance won't just be creating more "dot-corn" businesses, but a radical rise in the ability to instantly share and update underwriting information, William J. Ashley, an executive vice president with E.W Blanch blanch to become pale. , said. Ashley heads the EWB EWB Engineers Without Borders EWB Electronics Workbench (simulation software) EWB Einzelwertberichtigung (auf Forderungen; banking, German) Technology and Risk Management unit of Blanch, which is compiling an online photographic and statistical database of homes and neighborhoods in selected geographic regions. The project has developed an aerial and front-view database of homes in Palm Beach County in Florida. Blanch units and partners also photomapped parts of Oklahoma affected by tornadoes last year to let insurers know immediately after the storm which homeowners were likely to have a claim. Within five years, EWB and its partners hope to include 45% to 50% of the populated United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. in the photomapping Photomapping involves the process of drawing a map from a photographic base. “In all likelihood, computer map making, including analogue processing, will have replaced manual map making for well over 90 per cent of all maps"[1]. database. Ashley predicted that individual photos and reports would cost insurers between $8 and $12, although many companies may elect to buy on a contractual basis. The photos likely will be updated every two years. "This is not 'Star Wars' stuff," Ashley said. "These are products that are here now. We're looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. industry support to move these out." |
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