contact us contact us
Radically Improving Property Appraisal and Underwriting Through a Cognitive Approach

Radically Improving Property Appraisal and Underwriting Through a Cognitive Approach

Read More
Image CAPTCHA
Enter the characters shown in the image.

By clicking the download button, you allow us to connect with you using email, phone or post (as provided) for responding to you and for other marketing activities. This information is protected under our privacy policy.

Radically Improving Property Appraisal and Underwriting Through a Cognitive Approach

GOAL

Assessing the value of a property right before underwriting is critical and time-consuming especially in High Net Worth cases. The process is riddled with inherent challenges as it is expensive to send an appraiser to every property and a manual appraisal is slow and incomplete while the appraisal results vary widely. There is hence a high likelihood that the current method of appraising properties for underwriting is inconsistent and not cost-effective. All this eventually results in longer time to convert a prospect into new business, potential underwriting losses and unhappy customers. Our intelligent solution powered by AI greatly improves inspection and appraisal accuracy and greatly enhances the underwriting decision-making capability.

SOLUTION

The proposed cognitive solution uses image based data analytics along with machine learning to study data to stud