Canadian Underwriter

U.S. company launches cloud for insurance, brings drone platform to p&c sector

June 22, 2017   by Canadian Underwriter

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California-based Kespry is moving deeper into vertical markets with its formal entry into the insurance sector south of the border.

The move follows extensive field tests and insurance-specific improvements designed together with customers and industry leaders, reports the aerial intelligence platform provider, which develops drone hardware, software and cloud services.

Kespry will now be able to extend its “enterprise drone platform by offering insurance-specific functionality such as inspection-quality imagery for roofing and automated analysis to assist claim adjusters,” the company statement notes.

Its fully integrated drone platform “enables major industrial companies to collect more accurate information, more frequently, efficiently and safely. This drives greater cost savings and business value,” suggests George Mathew, Kespry’s CEO and chairman.

Related: More drone activity anticipated, safety-first approach essential: SCOR newsletter

The idea is that insurers will be able to “improve the policyholder experience through shortened claim cycles while also reducing loss adjustment expenses and minimizing liabilities and risks for field staff,” Mathew continues.

Beyond upgrades in scalability, security and reliability, the company reports that the platform also provides the mapping, rendering, data analysis and analytics required in comprehensive aerial intelligence applications.

Related: Willis Re, technology company Measure announce strategic partnership to advance drone usage for insurance industry

Kespry also announced Tuesday that it is opening its architecture to third-party software providers to further extend its insurance capabilities and allow for easy integration with existing enterprise applications.

“Data captured by the Kespry Drone delivers high-resolution imagery with 1 mm per pixel resolution, which is capable of detecting granule loss and physical damage,” the company claims.

“Field and desk adjusters have access to comprehensive roof dimensions and automated damage detection, with onsite availability of rooftop imagery made possible in less than 10 minutes,” the statement adds.

Related: Drone use could soon become common practice for 40% of businesses: Munich Re