Commercial P&C insurer EMC Insurance Companies has announced a partnership with 3D capture technology company Matterport.
EMC had previously utilized Matterport’s scans of real-life properties affected by disasters to document losses and damages. With the new partnership, Matterport’s tech will be adopted across EMC’s other disciplines – which include claims, loss control, and innovation. EMC will also use Matterport’s software and hardware to create 3D training programs for both claims and loss control employees.
The partnership comes after Matterport launched the Matterport Cloud 3.0 earlier this year. The subscription-based cloud platform is designed to make 3D capture tech more accessible to the insurance, real estate, architecture, engineering, construction, and photography industries. The platform is powered by the company’s proprietary software, which transforms panoramic 360-degree images into 3D models.
“Matterport’s technology is a highly practical application in the insurance industry, and we are proud to be among the leaders adopting it in multiple capacities,” said EMC Insurance Companies property review manager Gary Friess.
“With dozens of insurers ramping up their use of Matterport, partnering with EMC to help them deploy Matterport on commercial claims is a big step for us with this important segment, which remains a key area of growth for us,” added Matterport head of insurance and mortgage verticals Tomer Poran.