May 28, 2024 – Toronto – Today, Ecopia AI (Ecopia) announces that SageSure has selected Ecopia’s Building-Based Geocoding to help support high-precision location intelligence across its portfolio. SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, will now be able to leverage the power of artificial intelligence (AI) for high quality geocoding and location intelligence.
A leader in catastrophe-exposed property insurance, SageSure is dedicated to providing highly rated, reliable property insurance where it’s needed most. Ecopia’s Building-Based Geocoding, the most precise rooftop-level geocoding solution on the market, will support SageSure with accurate location identification for underwriting, risk assessment, claims management, and more.
Conventional geocoding methods often rely on street- or parcel centroid-level geocodes, which can lead to inaccuracies when attempting to precisely determine building locations. Ecopia’s Building-Based Geocoding is created from the only complete database of US building footprints. Generated directly from high-resolution aerial and satellite imagery and updated each year, Ecopia’s Building-Based Geocoding produces highly accurate rooftop-level geocodes, building footprints, and parcel boundaries for over 176 million buildings across the United States. A comprehensive system of unique identifiers connects these entities to 270 million primary and secondary addresses to accurately reflect property relationships.
“SageSure is committed to delivering exceptional quoting experiences for our producers, empowering them to meet the complex insurance needs of homeowners and small businesses in challenging markets,” said Paul VanderMarck, Chief Technology and Innovation Officer at SageSure. “We are excited to incorporate Ecopia’s comprehensive, accurate, and up-to-date geocoding solution into our market-leading quoting platform to further enhance the producer experience and enable accurate property coordinates for every policy.”
"We are thrilled to collaborate with SageSure as they continue their vital work of ensuring access to high-quality, cost-competitive property insurance solutions in underserved communities across America," said Jon Lipinski, Co-founder and President of Ecopia. “SageSure's innovative approach to addressing property insurance needs in catastrophe-exposed markets aligns with Ecopia’s own commitment to innovation, and we are proud to support them with high-precision geospatial data to enhance operations.”
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About SageSure
SageSure is the managing general underwriter pioneering ways people protect their American Dream. A leader in catastrophe-exposed property insurance, SageSure delivers reliable products, exceptional customer experiences, and strong underwriting results in challenging insurance markets. SageSure currently operates in 14 states and provides home, flood, and commercial coverage on behalf of its highly rated carrier partners. With more than $1.6 billion of inforce premium, 550,000 policyholders, and 700 employees across the country, SageSure is the largest residential property insurance MGU in the US. To learn more, visit sagesure.com.
About Ecopia AI
Ecopia is on a mission to create a digital twin of the Earth. We leverage artificial intelligence to convert high-resolution imagery into high-definition (HD) vector maps. These maps form a digital representation of reality and are embedded into 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.
Learn more about Ecopia's insurance solutions
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