HOVER, a technology company that transforms smartphone photos of a home into 3D data of property, received the "Data Solution of the Year for Insurance" award during the 5th annual 2024 Data Breakthrough Awards program, which recognizes the best companies, products, and services in this new era of digital data.

"We're thrilled to be named a top data solution for insurance by the Data Breakthrough committee," said Ali Azhar, HOVER's chief business development officer. "This recognition validates our solution, which has enabled hundreds of thousands of insurance and construction professionals to improve the speed, accuracy, and customer satisfaction with reliable 3D property data."

With a mobile app that provides measurements, plans, 3D models and damage photos all in one place, HOVER unlocks the power of property data to drive workflow efficiencies for insurance professionals and create a faster claims process for policyholders — from underwriting through claims resolution. HOVER states it helps reduce manual data entry and processes, resulting in "improved estimating accuracy and reduced cycle times from the First Notice Of Loss."

In a news release, HOVER notes that even skilled adjusters can take hours to manually inspect, measure, sketch and document property damages to create a repair estimate. HOVER's data-centric approach streamlines this process from a few smartphone photos, significantly reducing the time it takes to create an estimate.

The Data Breakthrough Awards is an awards program founded to recognize the data technology innovators, leaders and visionaries from around the world in a range of categories, including data analytics, big data, business intelligence, data storage and many more. This year's program attracted more than 2,200 nominations from across the globe. Eighty winners were awarded across 12 categories.