Ecopia AI is the leading provider of AI-powered property intelligence and geospatial data for P&C insurance. Derived from the industry’s first and only comprehensive map of buildings in the US, Ecopia’s geocoding and data solutions provide carriers with building-level insights to power more accurate underwriting, replacement cost estimation, and other risk assessment workflows. Today, Ecopia provides 173M+ building footprints and 240M+ primary and secondary addresses to 7 of the top 10 US P&C insurers, as well as the top 2 global reinsurers. Among the carriers leveraging this next-generation property intelligence to optimize their portfolios are USAA, Farmers, SwissRe, and Tokio Marine.
Since developing a digital source of truth for US buildings in 2018, Ecopia has continued to drive innovation in AI-based mapping and refresh this foundational data to reflect our dynamically changing world. Ecopia’s AI-based mapping systems continuously ingest and process fresh high-resolution geospatial imagery to deliver the most accurate representation of reality to insurers.
Ecopia also specializes in data-driven climate resilience and currently works with government agencies and insurers alike to leverage geospatial data for critical analytics into natural hazards and extreme weather. Ecopia’s network of unique identifiers for parcels, buildings, addresses, and other key property elements enables carriers to assess hazard risk with the level of granularity needed to accurately price policies and inform strategic portfolio decision-making. This also facilitates stronger master data management (MDM), and enhances the resilience of P&C insurers in areas prone to flooding, wildfires, and other hazards increasing in frequency and intensity due to climate change.
To learn more about how Ecopia’s building footprint data and Building-Based Geocoding are forming the foundational layer of a digital twin for the most innovative P&C carriers, enhancing climate resilience, and powering better MDM, visit ecopiatech.com/industries/insurance