Liberty Mutual partners with ICEYE
Summary
Liberty Mutual and ICEYE launched a building-level parametric wildfire insurance solution. The product uses ICEYE’s synthetic aperture radar satellite constellation, property footprint data, and machine learning to assess wildfire damage quickly and objectively. Insured properties can be classified as destroyed or undamaged within hours after an event. The offering is initially available in the US and Australia and targets homeowners associations, municipalities, critical infrastructure owners, and insurers with wildfire exposure.
Classifications
industries
No industries detected
applications
Data Management
AskAI Classifications
Labels
Satellite Data Services
Software as a Service (SaaS)
Geospatial Analytics
Linked Companies
ICEYE
$50M to $100M