Underinsurance is a sector-wide problem that has proven difficult to overcome. Even when an individual or enterprise obtains a comprehensive, professional survey to value their property, there are a host of relevant factors (structural attributes, external works, surrounding geographical features) that experts might miss or that may be too costly to include in a valuation.
IMGeospatial works with insurance brokers to identify policies where customers are underinsured. Using remote-sensed data and machine learning, we can accurately calculate the cost of rebuilding residential and commercial buildings and make comprehensive valuations more cost-effective.
We provide insurance professionals with a feed of data or reports on their insurance portfolio.