Tech Tuesday - Application of lasers in insurance

Application of lasers in insurance

Laser technology has improved over the recent past. Laser industry provides insurance cover to its customers. 3D scanning is an efficient method of detecting the current condition of a building. FARO insurance diagramming software is designed for property insurance, analyzing loss control, risk analysis and also fire protection diagram.

 Laser scanning is useful in insurance companies and handles the following tasks

ü  Assessing property values

ü  Calculation of areas

ü  Surveying inventory in 3D

ü  Risk management functions

3D data is useful in cases of damages. Survey is carried out using software to determine damaged object, that is before and after are compared and is visualized directly. Insurers attempt to check each claim via imagery observation. These lasers detect damages like those caused by fire, natural calamity etc. The amount of damages experienced is quantified more accurately  this will help while setting premium with adequate margin in contrast to quantification. This has revolutionized in insurance company.

 Desktop publishing is an application which is important in insurance industry where lasers printers are used for printing insurance forms, policy pages among others. It also scans pages, generates the kind of font required and also integrates images into single page.

Insurance companies use laser scanning to document the condition of their property’s which they are insuring thus setting a baseline for worthiness and obligation. Laser scanning provides an objective three dimensional dataset.

Laser therapy, a medical breach therapeutic device has incomparable applications and also treatment outcomes. Lasers converts light to biochemical energy thus result in normal functioning of the cells and causing pain to disappear. Laser dentistry for instance provides insurance. Since lasers are used in periodontal treatments insurance has to be covered. Insurance carriers compensate for the procedure being undertaken. Before any surgery is carried out on a patient or treatment by lasers they are always informed whether the procedure is covered and also the extent of coverage.

Laser image scanning provides for real time business intelligence for top managers. The company also keeps track record.  It helps clients to remain spirited through top technology.

Scan On,

DimTec 3D