Optimize property assessment workflows and processes
The future of underwriting
The rapid advancement of AI technologies has increased client expectations. They want to be able to be insured in a few clicks and have claims handled as quickly as possible. As a result, insurers are challenged with providing a seamless experience while balancing their risk and exposure. Our suite of AI models are designed to instantly improve and standardize property valuations, enhance and automate data collection, and identify problematic properties and biases.
Standardize property valuations
with our image-based property scores
The condition and quality of a home are two of the most relevant factors when determining reconstruction costs. However, these metrics are inherently subjective and prone to variations across thousands of underwriters. Our condition and quality models are designed to align with industry standards to provide a consistent, reliable and granular assessment of every property.
Enhance data collection processes
with AI-generated image tags
There are a myriad of factors that go into pricing an insurance policy but many of these details are not easily obtainable. Users may not readily know the answers while sending an adjuster to a property is time-intensive and expensive. Based on either prior listing photos or user uploaded details, Restb.ai’s image detection models can validate that all the relevant information is available in a fraction of the time.
Flag problematic properties
with our damage analysis technology
Not all property damage is created equal. The location, type and extent of damage are all relevant when determining the impact on a property’s value or an insurance claim. Restb.ai’s ability to analyze property damage in real time is essential to determining adjustments in a quick and consistent fashion.
Improve quality control and minimize risk
with our photo compliance solutions
While the age, race, gender and religious affiliation of a home owner should have zero impact on a property’s assessment, groups, such as PAVE, have shown that discriminatory bias exists. Our compliance solutions are designed to identify potential issues to minimize any undesired impact. Additionally, our solutions can be used to automatically blur the problematic region of a photo before being used in a report.
Case Studies and Press Mentions
“Restb.ai is essential for my vision of data collection. Leveraging AI I can improve the quality of data captured, increase the amount of data collected and decrease the amount of time spent on site.”
Jon Forrester, President at CAPTURE Data Services
Curious how you can improve your underwriting processes?