- Access satellite imagery of insured or potential properties.
- Allow underwriters to remotely review property characteristics such as additional structures, swimming pools, trampolines, and roof geometry.
- Reduce the need for expensive field inspections.
Outcome:
Achieved annual recurring savings of over $1 million by reducing reinsurance costs.
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Posted May 29, 2024
Developed system to review property characteristics using satellite imagery. Reduced field inspections and saved over $1 million annually in reinsurance costs.