VeriDaaS Insurance Solutions offers a comprehensive and highly accurate source of data to analyze property insurance risk. Our precise 3D LiDAR datasets enable clients to perform true measurements on structures. In addition, the broad coverage of our datasets provides a rich resource to develop predictive analytics for risks such as fire and flood. We are building leading-edge tools with our partners to enable customers to quickly assess a multitude of risks, which can be leveraged to optimize their portfolios. VeriDaaS Insurance Solutions tools are being created specifically to focus on risk-assessment services and actionable decision analytics. Our goal is to empower clients to reach better-informed underwriting and claims decisions, to help reduce fraud and to deliver faster response to catastrophes.
The best-in-class Geiger-Mode LiDAR point cloud density and sub-10cm height accuracy provide unprecedented, detailed 3D models of a property and its surroundings. The resolution of this 3D dataset enables the identification and characterization of features not possible with customary aerial imagery. For example, to assess fire risk, clients can determine the distance of structures to neighboring trees, understand and assess the fuel capacity of neighboring properties, as well as analyze how historical wind patterns would likely spread a fire across the community. The data facilitate a comprehensive approach to assessing a property’s risk profile.