aerial imagery News

Markets/Coverages: Connecticut Opens Door to Real Estate Insurer Honeycomb

The Connecticut Insurance Department has given Honeycomb Insurance approval to write policies statewide. Honeycomb offers customizable insurance coverage for apartment complexes, condominium associations, and single-family rental dwellings. The insurer promises technology-enabled and streamlined service, underwriting and pricing for commercial insurance …

Insurance Technology: Embroker Partners with Dashlane and Cowbell; Betterview and EagleView Launch Property Intelligence Alliance

Embroker announced a partnership with password-management provider Dashlane and cyber insurer Cowbell to increase customer security and expand cyber liability coverage. “Through Cowbell and Dashlane, we are not only able to support our customers in the event of a cyber …

EagleView and Verisk Agree to End Litigation; EagleView’s Patents Affirmed

Insurance technology firms EagleView and Verisk have patched up their differences and are vowing to move ahead “enabling joint innovation.” The companies’ accord comes two years after aerial imaging firm EagleView Technologies won a $125 million patent infringement verdict against …

How Drones Are Digitally Transforming Insurance Claims Inspections and Workflows

Somewhere in central Michigan, a pickup truck drives into a sleepy suburban neighborhood. An autonomous drone takes flight off the truck’s flatbed and, nearly silently, heads a half-mile east, slowing above a mid-20th century craftsman home that has clearly suffered …

EagleView Wins $125M Patent Infringement Award, Sales Halt Against Verisk

A New Jersey jury last week ordered insurance data services firm Verisk to pay $125 million to aerial imaging firm EagleView for lost profits linked to Verisk infringing on various EagleView patents. The jury verdict in the U.S. District Court …

How Aerial Imaging Is Speeding Hurricane Claims Settlements

In the wake of three devastating hurricanes this season, many carriers and vendors used drones and airplanes to assess structural storm damage. This use of aerial imaging combined with machine learning has fostered speedier claims resolution, according to industry experts. …