Nearmap Expands Portfolio Intelligence with Market Benchmarking for Insurers
Event summary
- Nearmap launched Portfolio Benchmarking on September 22, 2026, expanding its Portfolio Intelligence offering for P&C insurers.
- The tool compares carriers' portfolios against Nearmap's U.S. property database of 100 million parcels using the AI-derived Roof Spotlight Index.
- Portfolio Benchmarking provides market context at state, county, ZIP code, and neighborhood levels for risk assessment and growth strategies.
- A super-regional carrier in the Northeast used Nearmap data to negotiate an 8% PML reduction and $7M in annual reinsurance premium savings.
The big picture
Nearmap's Portfolio Benchmarking addresses a critical gap in the insurance industry: the lack of market context for portfolio risk assessment. By providing a data-backed view of portfolios relative to broader market conditions, the tool enables insurers to make more informed decisions on underwriting, reinsurance, and growth strategies. This expansion positions Nearmap as a key player in the property intelligence space, particularly as insurers increasingly rely on geospatial data to manage risk and optimize performance.
What we're watching
- Adoption Pace
- How quickly P&C carriers will integrate Nearmap's Portfolio Benchmarking into their underwriting and reinsurance strategies.
- Competitive Response
- Whether competitors will develop similar market benchmarking tools to challenge Nearmap's position.
- Data Accuracy
- The reliability of Nearmap's AI-derived Roof Spotlight Index in identifying risk concentrations and growth opportunities.
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