Driving Impact in the U.S. Property Insurance Industry with Engineer Sathish Kumar
Too Long; Didn't Read
The property insurance industry relies heavily on manual assessments, which are time-consuming, costly, and prone to human error. Technology developed by the MIT Team is a game changer for insurance carriers, realtors, home buyers, contractors, and numerous other professionals linked to real estate assets. With a few images of a property from a regular smartphone, one can extract detailed floor plans, comprehensive details about materials, structures, measurements, 3D models, and more. They are working on solutions to save billions and countless hours for insurance companies and property buyers.