Farmers Insurance to Leverage Ecopia's Building-Based Geocoding for Insurance Decision-Making
Nov 10, 2021 - We're excited to announce that Farmers Insurance® has partnered with Ecopia AI to leverage our Building-Based Geocoding product for insurance decision-making.
Nov 10, 2021 -- Toronto -- Ecopia AI, a leader in the use of artificial intelligence (AI) and geospatial imagery, announced today its upcoming work with national insurance carrier, Farmers Insurance®.
The collaboration will help provide Farmers ® with access to Ecopia’s Building-Based Geocoding product - offering information for insurance decision-making. Ecopia’s Building-Based Geocoding offers one of the most accurate, comprehensive and up-to-date building footprint collection of the USA, paired with best-in-class primary and secondary address data. Ecopia leverages proprietary AI-based systems to mine the most up-to-date geospatial imagery available to create this unique source of truth.
“We are thrilled to see an industry leader such as Farmers recognize the importance and value of a comprehensive, accurate, up-to-date geospatial foundation,” said Jon Lipinski, Co-founder and President at Ecopia. “Understanding location is a critical prerequisite for many insurance decision-making workflows, and we are excited to offer information that can help insurers better understand and adapt to location-based risk.”
About Ecopia AI
Ecopia leverages AI to convert high-resolution images of our earth into high-definition (HD) Vector Maps. These maps form a digital representation of reality and are embedded into critical decision-making applications, offering unique insight at scale. Ecopia’s HD Vector Maps are leveraged for hundreds of commercial and government applications across over 100 countries around the world. For more information, visit www.ecopia.ai
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