Kespry Launches Cloud for Insurance Drone Platform

The new offering is designed to help insurers shorten claim cycles while also reducing loss adjustment expenses and minimizing liabilities and risks for field staff.

(Image source: Kespry.)

Kespry (Menlo Park, Calif.), an aerial intelligence platform provider, has introduced its enterprise drone platform to the insurance industry as part of an initiative to serve more vertical market. Kespry now offers insurance-specific functionality such as inspection-quality imagery for roofing and automated analysis to assist claim adjusters.

The company reports that its insurance-specific offering debut comes after extensive field tests and insurance specific improvements designed through work with customers such as Hancock Claims Consultants (Alpharetta, Ga.), CRU Adjusters (Calgary, Alberta) and Superstorm Restoration (Clive, Iowa).

George Mathew, Chairman and CEO, Kespry.

“The easy-to-use and fully-integrated Kespry Drone Platform enables major industrial companies to collect more accurate information, more frequently, efficiently and safely—this drives greater cost savings and business value,” asserts George Mathew, chairman and CEO, Kespry. “Now, insurers can dramatically improve the policyholder experience through shortened claim cycles while also reducing loss adjustment expenses and minimizing liabilities and risks for field staff.”

Significant Strides on Cloud Platform

Kespry says that its move into the insurance industry comes after it has made significant strides in improving its cloud platform. In addition to significant upgrades in scalability, security and reliability, the platform also provides the mapping, rendering, data analysis and analytics required in comprehensive aerial intelligence applications, according to the vendor.

(Image source: Kespry.)

The company also says that it is opening its architecture to third-party software providers to further extend its insurance capabilities and allow for easy integration with existing enterprise applications. To build and grow its ecosystem, Kespry reports has established a foundation for providing APIs for integration with third parties. The vendor says that this will also provide for bi-directional data sharing between Kespry and other enterprise systems.

Kespry characterizes its field-to-finish experience as the only fully automated aerial intelligence solution designed to improve the property and casualty roof claim cycle. The vendor says that it provides claims adjusters and other insurance professionals with instant access to accurate data that is automatically processed and securely stored for immediate use. Data captured by the Kespry Drone delivers high-resolution imagery with 1 mm per pixel resolution, which is capable of detecting granule loss and physical damage. Field and desk adjusters have access to comprehensive roof dimensions and automated damage detection, with onsite availability of rooftop imagery made possible in less than 10 minutes, the vendor says.

Machine Learning Algorithms

Kespry Cloud incorporate machine learning algorithms and artificial intelligence designed to automatically identify hail damage, the vendor says. The application quickly produces customized wireframes for the entire roof and automated dimension reports are instantly available for high accuracy measurements, the vendor says. Insurers can then seamlessly move data into common estimate generation software and claims management systems to complete the claims process, according to Kespry.

Kespry describes its solution as the market’s only fully-integrated drone platform designed from the ground up for use in demanding industrial environments. The company claims a proven track record for its work with more than 200 customers in the aggregates, mining, architecture, engineering and construction (A/E/C) industries globally.

 

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For over a decade he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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