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Tensorflight

PROVIDING NEXT GENERATION PROPERTY DATA, TOOLS AND SERVICES

USA, New York
Market: Insurance
Stage of the project: Operating business

Date of last change: 26.04.2021
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Idea

Currently, insurers are losing over $4.5B (https://www.verisk.com/insurance/visualize/4-5-billion-in-commercial-property-premium-leakage-due-to-misclassification/) due to incorrect data on buildings they underwrite. At the moment, companies have two choices: on-site inspection, which costs even up to $500/h and the process is slow, expensive, or manual analysis based on aerial imagery, which is slow and inaccurate. Tensorflight offers a unique solution: instant risk-related information about a building with global coverage, analyzed by our AI algorithms.

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