IRIS
Property imagery analytics for underwriting
Quickly identify property risk factors across both commercial & residential properties using geospatial imagery & AI-driven computer vision technology.
Put IRIS bots to work for your business.
IRIS is an AI-enabled imagery analytics solution for the P&C insurance industry. Put machine-learning technology and an army of computer vision bots to work for your business for a fraction of the cost of an in-person property inspection. The IRIS dashboard delivers automated property risk insights to insurers using high-resolution aerial imagery. IRIS will quickly detect:
Risk features including skylights, solar panels, pools and trampolines.
Structure attributes including roof footprint, roof material, roof type, roof condition and vegetation overhang.
Changes to the property and updated property attributes, understanding a structure’s climate resiliency.
Case study: IRIS analysis leads to better coverage
Learn how a 160-year-old insurance company solved its free imagery reliability problem with real-world solutions from Athenium Analytics — and closed $8,500 in new policies in the process.
Why rely on IRIS geospatial imagery analytics?
Write smart, low-risk policies
Our AI-based computer vision technology delivers fast, accurate and actionable insights for better decision-making. Quickly add or renew low-risk policies so your adjusters can focus on higher-risk ones.
Enhance your property analytics
Leverage powerful computer vision to streamline your underwriting. Or, combine aerial imagery with robust structural data with the new property risk analytics reporting solution.
Quickly determine class of risk
Determine an applicant’s class of risk before writing business. Access to geospatial property imagery supports more accurate risk analysis at a fraction of the time and cost of sending a field adjuster.
Get actionable property reports
Access property risk insights and imagery directly from the web-based UI and download actionable PDF reports to attach within your existing underwriting or PAS platforms.
Keep your portfolio up to date
Process more accurate policy renewals at a fraction of the time and cost of a property visit. Receive notifications when IRIS computer vision bots discover changes to a property in your book of business.
Combat property claims fraud
Visualize side-by-side aerial imagery of commercial or residential properties to compare risk factors over time. Verify past repairs or damages to help prevent fraudulent claims.
features
Why rely on IRIS geospatial imagery analytics?
Write accurate and low-risk policies
Our AI-based computer vision technology delivers fast, accurate and actionable insights for better decision-making. Quickly add or renew low-risk policies so your adjusters can focus on higher-risk properties.
Quickly determine class of risk
Determine an applicant’s class of risk before writing business. Access to geospatial property imagery supports more accurate risk analysis at a fraction of the time and cost of sending a field adjuster.
Keep your portfolio up to date
Process more accurate policy renewals at a fraction of the time and cost of a property visit. Receive notifications when IRIS computer vision bots discover changes to a property.
Enhance your property risk analytics
Leverage powerful computer vision to streamline your underwriting. Or, combine aerial imagery with robust structural data with the new property risk analytics reporting solution.
Get actionable property reports
Access property risk insights and imagery directly from the web-based UI and download actionable PDF reports to attach within your existing underwriting or PAS platforms.
Combat property claims fraud
Visualize side-by-side aerial imagery of commercial or residential properties to compare risk factors over time. Verify past repairs or damages to help prevent fraudulent claims.
[IRIS] has been transformative for our Personal Lines underwriting team. The tool has multiple value-adds to our group:
- Radically improved our workflow (helps us prioritize re-underwriting actions)
- Allowed us to re-underwrite a much larger portion of our renewal book
- Leads to a more significant action than our traditional inspection program (i.e., more non-renewals, cancellations, ACV roofs)
- And costs much less than our prior process
Ohio Mutual Insurance Group
Roofs are a big issue for us, and IRIS gives us control. We’ve gained the knowledge and current data to write, decline and price accounts — that’s the real power. IRIS also helps to train our underwriting team to recognize roof conditions and make better business decisions. With this is amazing tool, we’re no longer flying blind.
160-year-old mutual insurance company
Fast, accurate and actionable property insights
Insights from sophisticated deep-learning algorithms continually improve the speed and accuracy of property analysis for your business.
Clear risk attributes and features
Advanced computer vision technology helps insurers identify and interpret residential and commercial property risks. Quickly determine the risks of insuring a property.
Track property changes over time
Change detection updates help you track risk factors over time and manage your portfolio at a fraction of the cost and time of a property visit.
core benefits
Fast, accurate and actionable property insights
Insights from sophisticated deep-learning algorithms continually improve the speed and accuracy of property analysis for your business.
Clear risk attributes and features
Advanced computer vision technology helps insurers identify and interpret residential and commercial property risks. Quickly determine the risks of insuring a property.
Track property changes over time
Change detection updates help you track risk factors over time and manage your portfolio at a fraction of the cost and time of a property visit.
Using artificial intelligence to deliver fast, accurate and actionable property insights in a changing climate
The power of IRIS comes from its sophisticated deep-learning network. Using digital imagery and deep-learning models, IRIS bots can review countless aerial images to accurately identify, classify and analyze property risk factors.
IRIS bots have fast-learning capabilities and need fewer images to reach the same high level of accuracy, reducing learning times by as much as 80%. Get faster and more accurate property data using the power of AI.
IRIS also logs historical imagery and attributes so you can compare imagery over time to understand how risk factors have changed.
Determine an applicant’s class of risk with direct access to the property’s features and risk attributes, including:
Structure attributes
- Roof footprint
- Roof material
- Roof type
- Roof condition
- Vegetation overhang
Property features
- Skylights
- Solar panels
- Swimming pools
- Trampolines
NEW!
Roof indicator information helps users further understand and act upon the contributing factors to roof condition.
IRIS provides updates as property attributes change over time. Filter your search with customizable parameters.
Search by address: Search based on the address of a single property.
Search by attribute: Use the attribute menus to select any/all attributes you want to include in your search. Attributes include state, property features and roof condition and type.
Search by change: Search by state, start/end date and attributes to view any properties that have experienced changes under your custom parameters.
When your search is complete, export the results to a CSV for further analysis.
IRIS aerial imagery analytics software
Product support
Call (888) 320-7693 and choose option 3 or email us at info@athenium.com
Let’s get started
Schedule a demo, request pricing or speak with a member of the team.