Insurtech Tensorflight has built an AI-driven risk assessment service for commercial property insurers using geospatial imagery data. The company is also working with the National Insurance Crime Bureau to develop a new type of insurance fraud detection system that uses machine learning and artificial intelligence Tensorflight recently closed a $2m funding round led by ff Venture Capital, Hudson Structured Capital Management, Nephila and Hemi Ventures, among others.
Insurtech Tensorflight has built an AI-driven risk assessment service for commercial property insurers using geospatial imagery data. The firm was launched by former Google and Microsoft engineers and can assess buildings for a range of attributes, such as construction type, roof pitch and geometry, building area and height. Tensorflight recently closed a $2m funding round led by ff Venture Capital, Hudson Structured Capital Management, Nephila and Hemi Ventures, among others.