Voting is now closed.

TRUE FLOOD RISK

Brief overview of the product or service the Company offers.

We provide accurate, affordable & instant individual property-level data related to flood risk. Our API is powered by proprietary machine learning/AI tools including object detection to extract, classify & calculate property features using licensed imagery from 12 sources with a streetview perspective sources. Among our property features include: the highly sought after feature, first floor elevation (FFE), number of floors, presence of a basement, roof pitch and structure type.

Overview of how the product solution enables Resiliency, as defined by reducing frequency and severity of incidences and helping people, businesses and communities prepare for and manage risks, as well as get back to a restored state.

Floods lead all natural disasters in economic losses & in the number of affected people. Yet only 15% of US property owners have flood insurance.

Our flagship solution calculates First Floor Elevation (FFE) of a property, the leading indicator of flood risk next to flood zone, helps communities become more resilient with improved preparedness, prevention & recovery efforts.

For residential & small to mid sized commercial real estate owners, they can access their specific property's FFE height instantaneously. With our free educational tool coupled with the right non/parametric flood insurance product priced based on individual risk, FEMA & insurers will close the protection gap long-term with respect to flood insurance.

Integrating our FFE data, municipalities with their flood risk mitigation measures can now map out precisely which parts of their community are exposed to accumulated flood risk - concentrated areas with properties that are on average below base flood elevations.

COPYRIGHT 2019 INSURETECH CONNECT LLC, ALL RIGHTS RESERVED

920 BROADWAY, 7TH FLOOR, NEW YORK, NY 10010 (646) 389-2523