As climate change moved to the forefront of problems the world was trying to solve, the corporate and economic world moved towards socially responsible investing that, in a sense, incentivizes corporations to make more sustainable choices across their environmental impact, the way they promote socially good mores, or how they govern and fairly structure their company.  ESG, or environmental,...

The COVID-19 pandemic behaved similarly to a natural disaster like a wildfire or hurricane. It created financial hardship, wreaked business and supply chain havoc, and even took lives.  In particular, social distancing measures and remote work drove demand for space upwards. Market values for single-family residences made double-digit year-over-year increases, and while wishful homeowners...

P&C insurance companies are relying on legacy workflows to manage risk in their portfolios The way in which property and casualty (P&C) insurance carriers assess homes for underwriting, renewals and claims requires many manual touchpoints and dates back to 1752—when Benjamin Franklin founded the first insurance company in the United States. Since then, the insurance industry and world...

Insurance carriers recognize the importance of imagery as a crucial input to meet their data requirements. However, determining the best imagery to use and how to integrate it into their systems and internal workflows can be very challenging. Insurance companies typically operate using annual or quarterly imagery, which can limit the understanding of risk due to changes at the property after...