Project Highlights
A Fortune 500 insurer worked with ValueMomentum to acquire and operationalize aerial imagery data and artificial intelligence (AI) to detect damaged roofs and undocumented swimming pools and restore profitability and competitiveness to its in-force homeowners book of business.
Benefits
- $3.5M saved so far, exceeding the initial $2.5M estimate
- Estimated benefit of re-underwriting 12,000 roofs in poor condition: $22M
- Estimated benefit of re-underwriting undocumented pools: $5M annually
