Use Case

Determining the price of a building insurance

Finances & Insurances

The optimum price of a building insurance can be determined by the customer specifying the address of a building, for example, and any existing pictures of the customer.

1

Process

The price of a building insurance depends on the location, type of building, number of floors and other factors. When analyzing the price, the customer's address is requested.

2

Algorithm

With the customer's address, the location and house are analyzed with satellite images and pictures of the customer and checked for pre-defined factors (number of floors, type of building, etc.).

3

Decision

The algorithm checks the properties of the house and generates the optimal price for this building. This price can be used, for example, to optimize the offers in price comparison pages.