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Insurtech start-up Mapizy’s geospatial data steps up mapping for insurers

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In the event of a disaster, outdated map data can leave a gap in evidence-based decision making and result in significant loss. GeoAI company Mapizy can help by focusing on quantifying the changing planet using geospatial data. Insurers use mapping...

calendar icon22 Mar 2022

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Insurtech start-up Mapizy’s geospatial data steps up mapping for insurers

In the event of a disaster, outdated map data can leave a gap in evidence-based decision making and result in significant loss. GeoAI company Mapizy can help by focusing on quantifying the changing planet using geospatial data.

Insurers use mapping to assess damages to buildings in disaster events such bushfires, earthquakes and flooding.

Outdated map data can leave a gap in evidence-based decision making and result in significant loss.

Geospatial data

Start-up insurtech company Mapizy provides detailed geospatial information about properties including building footprint size, roof attributes such as quality, material, shape and pitch, solar panel, pool; as well as various risk factors from the surrounding environment.

In addition to this, Mapizy can identify and measure changes to property attributes occurring over time, such as following a natural disaster.

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