3D animation for building insurance risk analysis
The use of sophisticated software animation techniques to provide images of how proposed developments will look are now established practice. Walk-throughs enable viewers to see everything from detailed internal layouts through to how landscaping will blend a new development into an existing environment.
Similar techniques can now be applied to the insurance of construction risks. This can be useful for example when insuring a complex development or engineering projects where construction activity is sequenced over a long period of time and, as a result, the level of risk, actual or perceived, can vary significantly from one stage to the next.
The use of animation to bring to life the actual sequencing of events, the positioning of key engineering elements such as tower cranes, and the storage proposals for valuable or flammable components results in a better process of evaluation of risk analysis and pricing.
And the use of such techniques is just as valid for property owners, where animation can be used to show exactly who occupies which space, what is stored there, what the sums insured for each area are, and so on.
A walk-through or aerial display can be generated so that underwriters can virtually “see” what they are being asked to insure even though it may be physically located on the other side of the world.
Just as the cost of assembling a development proposal increasingly includes the cost of producing a 3D model, so will the cost of insurance animation increasingly become part of the cost of obtaining best value from the insurance market.
 Related articles on Designing Buildings Wiki
- Architectural photography.
- Building Information Modelling.
- Computer Aided Design.
- Contractors' all-risk insurance.
- Directors and officers insurance.
- Professional indemnity insurance.
- Professional Indemnity Insurance clause in conditions of engagement.
- Residual value insurance.
 External references
- NB This article is made available with the kind permission of 3 Dimensional Insurance Limited and Post Magazine.
Featured articles and news
With PFI currently under the spotlight due to Carillion, this introductory article explains what they are.
Estimates suggest that up to 30,000 small firms could be at risk of non-payment as a result of Carillion's collapse.
Sir Oliver Letwin to lead an independent review into the delays in the delivery of housing.
As Carillion collapses, read our article explaining insolvency in the construction industry.
43,000 jobs at risk as Carillion goes into administration.
1961 saw the publication of three important books about urban design that remain relevant today.
Next week the planning fee increases by 20% and new fees are introduced.
How the transformative power of BIM and other digital technologies can be used to gain a competitive edge.
Relevant events and relevant matters are terms used in some contracts, but knowing the differences is important.
Government release statistics showing how many people are now on the property ladder due to Help to Buy schemes.
A summary of the Town and Country Planning Association's new Practical Guide on health in garden cities.