Orbital Insight

Orbital Insight enables insurance and reinsurance businesses to underwrite risk with automated geospatial analytics. Orbital Insight sources petabytes of satellite, drone, balloon and unmanned aerial vehicle (UAV) data and uses computer vision and machine learning to create advanced risk intelligence. 

 
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UNDERWRITING RISKS WItH NEW INTELLIGENCE

In September 2017, Orbital Insight, one of the startups on the Forbes Next Billion Dollar Startups list and Fast Company's 2017 Most Innovative Companies in the world, applied its know-how to determine how much flooding Houston endured during Hurricane Harvey. 

 
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DATA ACCURACY

Orbital Insight provides measured and detected home characteristics via an API to improve data accuracy, speed and consistency for underwriting. Orbital Insight can provide quarterly updates for all homes within major metro areas and detect new home starts for targeted marketing.

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NEXT-GEN CLAIMS ADJUSTMENT

In August 2015 a large explosion at the Port of Tianjin initially was estimated at $2B in damages, later revised to $6B. Orbital Insight was quickly able to automatically count and geo-locate the 72K cars stored in Tianjin prior to the explosion and estimated that loss at $124,236,000.