“What Does Good Risk Look Like?”: How Vexcel Intelligence Helps Insurers Ask a New Question

Insurers are always concerned with risk, explains Kris Wagner, Marketing Director at Vexcel. “Pools are a high risk. Unfenced pools are even a higher risk.” But that points insurers toward bad risk only.

“What if insurers start thinking about what good risk looks like?” Kris asks. “Maybe as an insurer, you can find your next million customers by looking for good risk, not just bad risk.”

Now Vexcel Intelligence changes how insurers can search and what they can search for, Kris says. They can ask new questions about a property: Are there flowers in the flower bed? Are the fences stained? Which type of roof survived after a hurricane?

Before, customers might have spent tons of money on building a geospatial solution and finding answers to these types of questions. Now, Vexcel Intelligence gives them a near-instant answer that’s grounded in Vexcel’s high-resolution timestamped imagery.

“We’re just hitting the tip of the iceberg on the possibilities here,” Kris says.