Milliman Appleseed has worked with Nearmap, a provider of property intelligence, to help the company launch predictive AI-powered peril models and scores for insurers. Nearmap recently received approval for insurers to use the models and scores in 26 states and Washington, D.C. The product offers:

• Proven claims prediction lift, providing deep insights into wildfire, wind, hurricane, and hail risks
• A transparent explanation of vulnerability and claims peril scores, revealing all factors contributing to each score
• High-resolution aerial imagery captured up to three times a year
• A comprehensive suite of computer vision detections with periodic model updates

Read the full press release here.